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10 Aug

Italian billet import prices fall

Offer prices for imported billet from the Black Sea region are decreasing month-on-month for both Italy and the Mediterranean area by $20-25/tonne (€17.4-21.8/t). This is in line with lower cost of scrap in Turkey, Italy and Spain compared to June and July Kallanish notes.   Italian buyers however have not purchased imported material lately. CIS billets are being sold mainly in Northern Africa. Meanwhile Italian domestic billet prices for mat…
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