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27 Aug
01:00

European stainless tube prices may increase in September, flats stable

Some European stainless steel tubes producers are expected to increase their base prices in September, market sources tell Kallanish. This is due to a slight uptick in demand together with the need to recover some of the price fall that tubes have experienced over the past months. The expected increase could be in the range €30-40/tonne ($33.8-45.0/t). Although yesterdays’ Outokumpu daily alloy surcharge rate was up €40/t in line with nickel …
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