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14 Apr
02:25

Nippon Stainless continues to cut orders

Nippon Steel Stainless Steel Corporation is continuing to cut available volumes by more than -30% for all stainless steel pipe types sold after April contracts, the company says in a statement monitored by Kallanish. The Japanese steel producer made the decision in advance to reduce production, to optimise market inventories amid weak demand. In March, the company had cut sales volumes and delayed issuing its new offers due to uncerta…
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