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11 Jun
11:48

European stainless tube prices suffer as demand weakens

European stainless tube prices are not seen increasing further during the remainder of June. Most re-rollers and distributors will tend to consolidate the €120/tonne ($135.8/t) increases implemented in May on laser tubes but no more hikes are contemplated for decorations tubes, re-rollers and distributors tell Kallanish. The tube price recovery in the first quarter and at and beginning of Q2 was also due to increasing alloy surcharges in Europe. H…
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