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EU stainless steel raw materials index rises $13 on nickel jump

20161101104840
Metal Bulletin’s weekly raw materials index for Europe-origin grade-304 stainless steel rose by $13.04 per tonne this week, following an increase in the price of nickel.

The index, which is based on a typical grade-304 slab from European mills, closed at $1,130.58 per tonne on Monday October 31, up from $1,117.54 per tonne a week…

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