Stainless steel price hike halved: sources

Jan 18, 2013 | 05:28 PM | Thorsten Schier

Tags  stainless, flat-rolled stainless, steel prices, stainless price increase, Thorsten Schier

NEW YORK — A recently announced price hike on commodity flat-rolled stainless products has already been slashed in half, some market sources have said.

"They announced four points, and two points have held," one East Coast distributor said of the increase, which was launched by domestic stainless mills in early....

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