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14 May

Executives doubt EU stainless market recovery: BIR

A recovery in the European stainless steel market is yet to come. Some analysts forecast a two-digit on-year increase in stainless steel apparent consumption this year, says Bureau of International Recycling (BIR) Stainless Steel & Special Alloys Committee chairman Joost van Kleef, of Oryx Stainless in the Netherlands. “This year started stronger than expected, supported by a further seasonal uptick in stainless steel demand as well as historically low i…
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