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21 Dec
10:15

European stainless players see hard fourth quarter

Prices for stainless finished flats and tube are contining on a downward trend as the European market is witnessing a tough fourth quarter due to destocking and low sales volumes. Distribution and service centre sources tell Kallanish that both flat products and tube prices are falling more than the drop in nickel prices. End-user activity and associated final demand for stainless products are slowing while …
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