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26 Feb
12:48

European stainless coil prices increase again

European stainless steel coil prices have increased again by €100/tonne ($121) compared to the beginning of February. They are likely to rise further in March due to strong demand and severe supply shortages, market participants tell Kallanish. The main European mills are selling for July and August delivery. Stainless hot rolled coil is now at €2,500-2,600/tonne delivered on average. Cold rolled coil is at €2,700-2,800/t, sources say. The large gap…
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