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13 Sep

Italian billet prices fall

Italian billet prices are seen decreasing by €10/tonne ($11/t) in line with the fall in price of all long products and scrap in the country. The market remains both “… quiet and difficult,” as long makers are beginning to fear a price collapse due to falling scrap values and a lack of enquiries, Kallanish hears from market participants. Italian billet is being sold at €370/t ex-works or €375/t delivered. Sources expect a level o…
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