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06 Jan
09:44

European stainless steel coil, scrap prices to increase

Stainless steel prices in Europe are on the verge of increasing again significantly as the main European mills are not quoting for hot and cold rolled coils and stainless scrap prices are also forecast to increase sharply. Service centres and re-rollers foresee an important shortage of material as mills in Europe have long lead-times while the level of stocks at buyers is low, market participants tell Kallanish. The main European mills were selling last month for …
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