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07 Jun
11:41

European stainless prices are seen declining

Despite previous expectations of an improving market, the second quarter of 2019 is proving to be difficult in terms of both prices and volumes for most European stainless steel mills and distributors. Nickel prices are continuing to see-saw and the distribution sector is holding back on purchasing due to market uncertainty. The stainless sector is also seeing lower prices compared to Q1 and a low order intake, stainless steel producers and re-roller…
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