08
Mar
16:11
European stainless market slows amid skyrocketing costs
Because of spiralling nickel values, daily alloy surcharges from European mills are in doubt as all producers have stopped sales and are not quoting. The situation has arisen from Russia’s invasion of Ukraine. Soaring nickel prices have sent shockwaves throughout the global stainless steel sector.
Mills in Europe are dealing with raw material shortages, high scrap values and leaping energy prices. French stainless steel producer Aperam is applying a €43…
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Anonymous
Very good overview of the weekly steel market.
Anonymous