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28 Jan
11:41

European stainless steel tube prices see February increase

Some stainless steel tubes producers are increasing base prices and decreasing discounts starting Monday 1 February in Europe, market sources tell Kallanish. After the €100/tonne ($109/t) increases in October, tubes prices have managed to hold through November and December. Due to the recent nickel falls and the process of destocking in Europe, in January stainless tubes fell by €50/t on average in Europe. This move is meant to recover the January fall…
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