02.03.2016 - US stainless CRC prices up in February on mill price hikes
US cold-rolled stainless sheet prices rose during February as domestic mills held to announced price increases, market sources said Tuesday. North American Stainless, Outokumpu CoilAmericas, AK Steel and Allegheny Technologies Inc. (ATI) last month announced they would be reducing the functional discount on stainless sheet by 2 percentage points, effective with March shipments. Mills also cut back on offering more aggressive discounts on large spot orders as supply has tightened, according to one service center source...............................................Full Article: Source
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