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30 Oct
17:20

Ryerson sees further price dips ahead

US service centre chain Ryerson predicts average selling prices will drop a further 3-5% during the fourth quarter, Kallanish learns from the company’s Q3 earnings review. “Carbon prices are expected to bottom in the fourth quarter and aluminium prices are expected to be neutral to modestly lower, while stainless prices, despite a recent pull-back in nickel prices, are expected to remain supported by low warehouse and stock inventories as reported by…
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