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19 Sep
11:00

European stainless tube prices to rise

European stainless tube prices are seen increasing by €100/tonne ($110/t) in the coming weeks, both distributors and a Southern European re-roller confirm to Kallanish. This is due to higher alloy surcharges, especially for nickel, which are increasing costs (and therefore prices) for stainless coil producers. Sales of decoration and corrosion laser tubes are not high however as market uncertainty is seen persisting into the fourth quarter and is ne…
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