Marcegaglia joins Outokumpu, Acerinox in raising stainless steel prices
Steel producer Marcegaglia will lift base prices for all grades of stainless steel by €30 ($40) per tonne for two months in a row, the company told Steel First on Wednesday August 28.
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“We have already increased [...] our base price by €30 ($40) per tonne for September deliveries,” sales director of Marcegaglia’s stainless steel division, Egidio Bini, said.
A second base price rise of €30 ($40) per tonne is planned for stainless material to be delivered in October.