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Stainless steel scrap sources in France expect prices to fall dramatically this month, possibly by €500/tonne ($515) on average compared to June. This follows another significant decline in April and May, Kallanish notes. Market activity seems to have stopped this month. Demand for grade 304 is poor and prices are being dragged down by weak sales of finished long and flat products. France’s main mills are requesting less material. Some have told merchan…
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