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04 Oct
12:28

European stainless flats supply remains under pressure

European stainless steel hot and cold rolled coil supply remains under pressure, with prices remaining at high levels, causing sheet and tube values to increase again in October as expected, market participants tell Kallanish. Final demand and consumption are strong despite service centres’ coil purchasing quietening down. All European coils producers are now quoting lead times till April 2022, apart from one mill still quoting March but only for existing cu…
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