Launch of stainless steel EU domestic cold-rolled sheet, 2mm, grade 316 price

After a consultation period, Fastmarkets has launched this grade 316 stainless steel cold-rolled sheet price to expand Fastmarkets’ coverage of the flat stainless steel market in Europe alongside the price assessment for MB-STS-0281 stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe.

Fastmarkets did not receive any direct responses to this consultation, but has previously received extensive feedback from the stainless steel market supporting this launch.

The price specification for the new price will be as follows:

MB-STS-0332 Stainless steel cold-rolled sheet, 2mm, grade 316, transaction domestic, delivered North Europe, €/tonne
Quality: AISI 316 EN 1.4401 ASTM 316, width 1,500-2,000mm, thickness 2mm, length: 1,000-3,000mm
Quantity: 10-1,000 tonnes
Location: Delivered Northern Europe
Timing: Minimum 4 weeks
Unit: EUR per tonne
Payment terms: Standard 30-60 days after invoice date
Publication: Monthly. First Friday of each month, 2-3pm London time.

This price will be a part of the Fastmarkets steel physicals package.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Zdravko Cherkezov by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Zdravko Cherkezov, re: stainless steel transaction prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.