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24 Jul
15:31

Klöckner says further price increases unlikely

Klöckner & Co does not see prices in Europe rising further in the third quarter, and expects very little, if any, further increase in America, according to chief executive Gisbert Rühl. Prices in the US are already very high and any further increase could be detrimental for the business of customers, Rühl said during a press call attended by Kallanish. Klöckner claims to be the largest steel distribution company active in both the Europea…
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