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04 Dec
00:00

Europe stainless steel industry growth seen slowing to 1-2% in 2015

Europe’s stainless steel industry growth will slow to 1-2% year-on-year in 2015 from 4% this year due to stuttering economic growth seen since the beginning of the current quarter. However, Q1 next year will be seasonally stronger, according to European stainless steel stockist Damstahl. European stainless mills are currently striving to stabilise base prices in order to prevent further margin erosion, following strong competition from Asian producers …
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