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08 Nov
11:18

European stainless market destocking continues

A stagnant market with low order volumes continues to be a feature of the European stainless steel flat product and tube sectors in November. Christmas holiday closures are expected to be longer than usual as some companies will close from 20 December to 7 January, distributors and producers tell Kallanish. “At the moment, uncertainty is the biggest issue together with pessimism,” a distributor says. The European distribution sector is cont…
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