Italian mills are buying lower scrap volumes this month as most of them will implement longer maintenance stoppages due to the downturn in demand for finished flat and long products, market participants tell Kallanish.
Some long steelmakers have already shut down production and will resume in the third week of August. Others are planning to shut down between 22 and 25 July, and resume producing at the end of August. Some steelmakers will stop receiving scrap …
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