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SHANGHAI, Feb. 9 (SMM) – EMM in China was largely offered between RMB 11,800-12,000/mt, but was actually traded between RMB 11,800-11,900/mt. EMM consumption fell as some stainless steel mills have closed for maintenance.
EMM prices are expected to remain at current lows of RMB 11,800-11,900/mt this week, due to falling demand and tightening cash.
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