Category: Stainless Steel
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Asian stainless steel market weakens amid potential increase in nickel ore supply, tighter EU import quotas
SHFE nickel contract for Sep’26 declines nearly 4% w-o-w EU cuts duty-free quota for cold-rolled stainless steel by 47% SteelDaily: The Asian stainless steel market remained under pressure in early July as concerns over a potential increase in Indonesia’s nickel ore production quotas (RKAB) and the European Union’s tighter import quota regime weighed on market…