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13 Sep

French, Belgian stainless scrap prices increase

Stainless steel scrap prices in France and Belgium are recovering month-on-month by almost €100/tonne ($107), mostly thanks to a shortage. With no change from last month, however, buying continues to be dragged down by weak finished product sales, particularly for long products. Just like in other countries, longs producers bought less or nothing this month compared to previous months, and are strongly reducing output, Kallanish notes. French sellers are re…
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