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22 Jul
01:00

European stainless tube prices fall in July

The European market price for stainless tube fell by €30/tonne ($32/t) in Western and Southern Europe compared to the end of June-beginning of July, industry sales executives and re-rollers tell Kallanish. “Demand is extremely weak and prices are under serious pressure in all European countries” one source reveals. “Germany at the moment is the hardest market for stainless tubes sales with a 10% fall in consumption since the beginning …
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