Wednesday, November 01, 2006

Stainless steel prices at a record high [MEPS]

MEPS today report that stainless steel prices are at a record high, and seem set to advance still further in the coming months.

Transaction prices for cold rolled 304 in Europe and North America (including surcharges) now exceed $US 4,500 per tonne - which is unprecedented.

For original report, see http://www.meps.co.uk/editorial10-06.htm.

blogger@steelonthenet.com

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