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20 Jun
12:27

French scrap seen decreasing again in July

French and Benelux scrap and finished product markets are particularly quiet this week. Sales volumes for all longs and flats are “lamentable” and so are shipment volumes, sources tell Kallanish. The downturn of the second quarter is forecast to continue and deepen into Q3. Steelmakers are implementing weekly stoppages to balance demand and supply, and no change is forecast in July. Many are planning long August maintenance stoppages, in line with seve…
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