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20 Feb
14:37

Stock, forex market volatility clouds stainless outlook: BIR

Higher levels of volatility on the stock and foreign exchange markets have increased uncertainty in stainless steel markets, according to Bureau of International Recycling (BIR) Stainless Steel & Special Alloys Committee chairman Joost Van Kleef. Although liquid steel output remains healthy worldwide, stainless steel shipments from Indonesia into China require further analysis. Since August 2017 these have extended beyond 100,000 tonnes/month. “Unfortu…
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