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23 Jan
11:56

Stainless steel tube prices rise in Europe

Stainless tube prices in Europe are increasing by €40-50/tonne ($49-61.2/t) compared to those seen in the fourth quarter of 2017. This is due to higher nickel prices and the increased January alloy surcharges, Kallanish learns from market sources. Base prices are set to remain stable as cautious increases implemented by mills in Q4 failed to hold for some products and the market remains uncertain, sources suggest. European stainless steel finished product p…
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