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26 Jun
16:03

Italian distribution reports negative second quarter

According to multiple Italian distribution sources, demand downstream for both long and flat steel is still weak. For many companies, the second quarter brought about a significant decrease in volumes. This has occurred during a seasonally robust period when the sector typically experiences higher profit margins and increased sales volumes. May saw a disappointing performance in terms of sales and margins, but it was nothing compared to the disastrous month of Jun…
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