accountThe steel market in Europe and CIS is feeling some renewed upswing in price sentiment following some softness over the past two months. After a dip from an early 2011 spike in steel prices in Europe, the US and Asia, concerns of further longer-term downside and severe price swings are reducing as raw materials prices persist at near record levels, traders, steel buyers and producers say.
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Reactions to Platts news feature: Europe, Black Sea steel prices seek support from iron ore, coal costs
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