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04 Dec
10:47

French stainless scrap prices fall

Stainless steel scrap prices in France have lost €50/tonne ($57/t) on average compared to last month reflecting the fall in nickel values and other raw materials, Kallanish hears. As witnessed last month, uncertainty and negative sentiment continue to depress the market. Grade 304 stainless scrap is now at €950-960/t delivered. Merchants are also signalling a low level of demand from mills. Prices for grade 316 have also fallen by &…
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