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17 Sep
17:06

European price hike prospects remain doubtful: consultant

The interplay between international trade disputes, low domestic demand, falling import prices and the correction in raw materials costs leaves little hope for price increases in Europe, according to Andreas Schneider of Stahlmarkt Consult. The raw material costs of the blast furnace route calculated in the Stahlmarkt Consult cost model have fallen by almost €50/tonne ($55/t) in the August average. This means that the steel manufacturers' most important…
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