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06 Dec
11:44

European stainless steel market stagnates further

A stagnant market with low order volumes is persisting in the European stainless steel flat products arena this month. The situation is not forecast to change until the new year, distributors and producers tell Kallanish. The European distribution sector is continuing to destock as order levels are low due to uncertainty. This applies to both tube and flat products. Due to falling nickel prices, Asian stainless steel coils are now €100/tonne ($110…
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