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The Monel market in Germany demonstrates significant strength as feedstock materials nickel and copper show robust performance on the London Metal Exchange (LME) during January xxxx. Market participants report that Monelx;s demand has been supported by the combined upward momentum in both key raw materials.
Key Takeaways
The German alloy market has shown remarkable resilience despite challenging conditions in some end-user sectors. The xx increase in Monel prices has been primarily driven by the strong performance of its key components - nickel and copper. The nickel market has been particularly active, with LME trading volumes reaching their highest levels, while copper prices have maintained an upward trend since the beginning of the year.
The specialty alloy sectorx;s price...
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