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Stainless steel producer Outokumpu has upgraded its guidance for the fourth quarter of 2020 following better-than-expected sales, the Finnish company said on Tuesday December 15.
European ferro-silicon prices, which have been rallying since late October, will climb further near term and potentially challenge the annual peak of €1,275 per tonne on tight supply both in Europe and non-EU countries and a gradual recovery in consumption, industry sources said.
In a year that has seen a number of strikes at key facilities in Argentina’s agriculture market, more have been…
German metals distributor Klöckner & Co has improved its earnings forecasts for the fourth quarter and full year of 2020 due to the ongoing steel market recovery, the company said on Tuesday December 15.
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