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Tight European stainless steel hot and cold rolled coil supply is worsening amid slow sheet and coil derivative deliveries. Prices are increasing again on account of costly nickel and alloy surcharges, ferrochrome and other raw materials, market participants tell Kallanish. All European coil producers are now quoting lead times till May 2022, while only one steelmaker is quoting April but solely for its existing customers. Because of the high cost of energy, Europ…
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