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05 Jan
00:00

EU stainless steel prices forecast to rise in early 2015, says MEPS

Europe’s stainless steelmakers should seek basis price increases in the first quarter, if not this month, says MEPS International. Producers and traders are hoping tonnages will increase in 2015, but others believe volumes will be similar to those in 2014, adds the Sheffield-based consultancy. Impending antidumping measures are limiting European demand for stainless coil from Taiwan and China. This has combined with the strong US dollar to make the US …
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