PRICING NOTICE: Proposal to launch Northern EU domestic stainless grade 304 cold-rolled sheet transaction price

Metal Bulletin proposes to launch a weekly domestic transaction price assessment for 2mm grade 304 cold rolled stainless sheet delivered in Northern Europe.

Metal Bulletin understands from preliminary market engagement that the assessment of an overall transaction price would be a complementary addition to Metal Bulletin’s existing pricing coverage of the European stainless market.

Subject to market feedback, the price assessment would comprise Metal Bulletin’s weekly base price assessment for 2mm grade 304 cold rolled stainless steel sheet delivered in Northern Europe and the monthly alloy surcharge for the same material.

The price assessment would include the publication of historical data previously collected by Metal Bulletin.

The specification would be as follows:

Description: EU domestic grade 304 stainless steel cold rolled sheet (2mm) transaction € per tonne delivered North Europe
Dimensions: 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: €/tonne
Payment terms: Standard 30-60 days after invoice date
Publication: Weekly, Fridays at 2-3pm London time
Notes: European Norm AISI 304 EN 1.4301 ASTM 304

The consultation period for this proposed launch will end one month from the publication date of this pricing notice, subject to market feedback, on Thursday August 2.

Metal Bulletin has no financial interest in the level or direction of the assessment.

To provide feedback on this price or if you would like to provide pricing information, please contact Viral Shah by email to: pricing@metalbulletin.com. Please add the subject heading: “FAO: Viral Shah re: EU grade-304 export stainless steel sheet price”.

To see all Metal Bulletin’s pricing methodology and specification documents go to: https://www.metalbulletin.com/prices/pricing-methodology.html

What to read next
The publication of Fastmarkets’ molybdenum drummed molybdic oxide – in-whs Busan, MB-FEO-0004, and in-whs Rotterdam, MB-FEO-0003 – and ferro-molybdenum 65% Mo min, in-whs Rotterdam, MB-FEO-0001, price assessments were delayed because of slow data processing on Friday May 23. Fastmarkets’ pricing database has been updated. The publication of these prices was delayed for 12 minutes. The […]
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging Europe price indices via an open consultation process between April 24 and May 22, 2025. This consultation was done as part of our published annual methodology review process.
No feedback was received during the consultation period and therefore no changes will be made to the methodology at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes […]
This consultation, which is open until June 25, 2025, seeks to ensure that our methodologies continue to reflect the non-indexed physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can find […]
This price assessment aims to enhance transparency in the Indonesian coke market. Fastmarkets has observed a significant volume of Indonesian coke entering the global market in recent months, establishing Indonesia as a key exporter of coke worldwide since 2023. In the first seven months of 2024, Poland, China and Indonesia were the top three coke exporters globally.  […]
The following prices were affected: CB-CC-0001 REDD+, Latin America, $ per tCO2e CB-CC-0002 REDD+ v19 differential, Latin America, $ per tCO2e CB-CC-0003 REDD+ v20 differential, Latin America, $ per tCO2e CB-CC-0004 REDD+ v21 differential, Latin America, $ per tCO2e CB-CC-0005 REDD+, Sub-Saharan Africa, $ per tCO2e CB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa, $ per tCO2e […]