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27 Sep

Italian scrap prices flatten amid finished product stagnation

Italian scrap prices are seen flattening in new October contracts or possibly decreasing slightly depending on each mill’s need for material. Stagnation and low orders in the finished long and flat products markets are hitting producers. Mills are facing significantly lower consumption, high raw material costs, high energy prices and weakening longs and flats selling prices. In general, values for all finished products are declining in Italy by some €…
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