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25 Aug
18:13

Italian longs could decline in September

Italian long product prices are seen decreasing in September due partly to the recent falls in Turkish scrap prices that should cause European scrap to decline. Before the market shut down in August, July proved to be a very bad month for longs service centres and distributors in Italy in terms of sales volumes and profit. June, July and September are usually the best months for longs sales, large distributors tell Kallanish. This year, however, last month was d…
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