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18 Jan
15:47

Stainless scrap, NPI prices seen diverting further

The recent diverging price trend between Chinese nickel pig iron (NPI) and stainless steel scrap in Europe shows the former cannot be considered a reference point for the latter, says Roland Mauss. “At best, there is a weak indirect link via stainless steel finished and semi-finished products,” and as long as no protectionist measures come into play, says the chief financial officer of stainless scrap merchant Oryx. In his latest market column, Mauss a…
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