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04 Sep
11:30

French stainless scrap prices fall

Values for stainless scrap in France are falling due to lower nickel prices, Kallanish hears. When purchasing however merchants have already managed to pass on the fall in prices to their suppliers. Grade 304 is now at €1,000-1,010/t ($1,155-1,167/t) delivered. It was at €1,170/tonne delivered on average both in July and at the beginning of last month. Scrap merchants are detecting a low level of activity and low demand this week since the ma…
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