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03 Jul
09:44

Italian mills plan three-week August shutdowns

Italian steel mills will close for between two and three weeks for maintenance for the seasonal August holiday break. This is considered to be a standard closure period for the sector, Kallanish notes. It is therefore defying expectations of both longs and flats buyers who believe that stoppages would be lengthier this year considering the economic slowdown and the downturn in steel products' markets. While most f…
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