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13 Oct
10:00

Italian, EU stainless flats market improves, outlook positive

The stainless flat steel market is steadily improving in Italy and other European countries, although service centre, re-roller and mill sources report continued weak demand downstream, Kallanish notes. Stocks reached their lowest level in August and apparent demand has now returned, coupled with increasing prices of coil and its derivatives. Purchases in Europe are also being sustained by the lack of coil imports, which are hindered by the European Commission&rsq…
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