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12 Oct

French stainless scrap prices weaken on lower consumption

Stainless steel scrap prices in France are decreasing some €100/tonne ($97) month-on-month due to the fluctuations in raw materials. Sellers tell Kallanish that activity remains subdued as mills in France, Belgium and other neighbouring countries are implementing production stoppages this month. They are producing every other week to save on energy costs and balance demand and supply. October demand is reported weak and forecasts for November are not more opt…
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