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13 Jul
10:32

European stainless coil prices rise on imports' fall

Spot prices for European stainless steel flat products are finally increasing by €100/tonne ($116.2/t) on average, Kallanish hears from European market sources. This is due to rising alloy surcharges and a fall in coil import volumes from third countries as an effect of the EU safeguard measures. In July buyers have not purchased on the import market, sources say. Spot prices for both stainless HRC and CRC have been confused and lower than…
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