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17 Sep

Imported billet prices fall again in Italy

Offer prices for imported billet from the Black Sea region are continuing the descending curve this month for both Italy and the Mediterranean area. They are decreasing month-on-month by a further $20/tonne in line with lower cost of scrap in Turkey, Italy and Spain compared to August, Kallanish notes. There was only one booking from Italy however as CIS billets are being sold mainly in Northern Africa. Meanwhile Italian domestic billet prices for mate…
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