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24 Apr
01:00

Acerinox foresees better second quarter despite apparent consumption fall in Europe

Spanish stainless steelmaker, Acerinox, expects to see better results in the second quarter of 2015, following stabilisation of alloy surcharges and an increase in sales volumes, Kallanish learns from the company. High inventories at distributors and the fall in the price of nickel are resulting in a global contraction of apparent consumption in the [… stainless] steel market, the company says. “We hope, once the price of nickel has stabilised a…
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