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Prices For Stainless Spiked In August As Traders Speculate On Supply Fears

Written by The Ashton Report

Continuing pressure on nickel prices during the last half of July and the first half of August pushed global prices higher for stainless steel. The MMI Index was up 9% in the past month, according to the latest data from MetalMiner. Traders are bidding up nickel prices ahead of an announced export ban in 2022…

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