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22 Mar
13:03

Stainless coil prices unclear as surcharges soar further

European stainless steel hot and cold rolled coil prices remain firm amid continued uncertainty in the market, Kallanish hears from market sources. Sources say there is currently no clear price for stainless CRC or HRC. European CRC sales earlier this month ranged from €4,200/tonne ($4,634) to over €4,400/t delivered depending on the month of delivery. Mills were quoting May lead times at the beginning of March and some were not accepting new orders. Thr…
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