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07 Aug
14:36

S+B sees SBQ steel prices soften

Schmolz + Bickenbach says that prices for special bar quality (SBQ) steel are currently “… eroding.” This is happening more with plain engineering steels than higher-grade tool and stainless steels, according to ceo Clemens Iller. During the second quarter, the average sales price of the special steels produced by S+B was €1,662/tonne ($/t), some 6% higher than in the prior-year quarter (€1,566/t). This is attributable to a more favo…
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