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25 May
12:18

EU stainless coil short supply, high prices continue

Stainless steel coil prices in Europe are increasing again and achieving the level of €3,000/tonne ($3,673) delivered for cold rolled coil, market participants tell Kallanish. Short supply and high prices have continued this month as stocks at flat steel distributors are said to be low and deliveries for coil and coil derivatives stretch in some cases to the first quarter of 2022. Demand for coil and flats is reported strong in all European countries. Despite…
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