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08 Jun

French stainless scrap prices plummet

Stainless steel scrap prices in France are falling significantly month-on-month, dragged down by weak finished flat and long products demand in Europe. Values in other European countries such as Germany and Italy are also plummeting by over €200/tonne ($213) on May. Multiple production stoppages in France and Belgium, as well as in Italy and Spain, are causing mills to buy lower volumes of scrap this month. One mill is said to be idling production from mid-Ju…
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