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Research: EU to set duties on Indian, Indonesian stainless steel | American Metal Market


The latest forecasts from Fastmarkets team of analysts is ready to view.
Stainless steel prices and margins for stainless steel producers have risen notably over the past few months in both Europe and the United States, but there are now signs that the rally is petering out.
A clear reason for the halt to rising prices comes from the near 20% drop in nickel prices seen in late February/early March, which has now been passed on to consumers via the alloy surcharge mechanism.
Yet the rally in base prices and the effective margins enjoyed by producers also appear to have been halted this month. ....

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