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07 Dec
17:21

US mills raise stainless prices

US stainless mills have lifted base prices by approximately $40/short ton, Kallanish learns from company announcements. North American Stainless (NAS) and AK Steel have officially lifted base prices by reducing the functional discount by two percentage points, which NAS characterises as an increase of 5-7%. The move echoes a similar increase by US carbon sheet producers, which also lifted base prices by about $40/st. That increase seems to be sticking, but co…
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