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09 Dec
10:04

Metinvest Italy foresees distribution demand, inventory levels rising

The head of Metinvest Western Europe, Roberto Re, expects much healthier demand from Italian and wider European distributors in 2021. Inventory levels should gradually recover, which will contribute to increased apparent steel demand. During the Kallanish Europe Steel Markets 2020 virtual conference on Wednesday, Re said European distributors have faced two tough years in 2019 and 2020. Reduced demand has forced them to cut their inventory levels to release some w…
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