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17 Jul
16:11

Stainless producers face challenges, market worsening: BIR

Based on current economic trends in Europe, stainless steel production will remain stagnant or potentially decrease for the remainder of the year, says Bureau of International Recycling (BIR) Stainless Steel & Special Alloys Committee chairman Joost van Kleef of Oryx Stainless in the Netherlands. Stainless steelmakers' profitability continues to face challenges in Europe, with forecasts pointing to decreased demand for stainless scrap and a reduction …
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