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07 Jul
09:13

High mill stocks hamper Italian stainless scrap sales

Italian stainless steel scrap prices are flat month-on-month in new July contracts depending on grade. Some grades are less sought after and therefore decreasing in price, merchants in the country tell Kallanish. The unprecedented downturn in the domestic and European stainless steel sector is persisting. Prices for finished flat products and tubes continue to fall and both producers’ and distributors’ stocks are said to be high. Merchants in Italy are…
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