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14 Dec
12:10

Italian stainless flats market continues to suffer

The Italian stainless flat steel market continues to stagnate. Demand downstream remains weak, with prices low for coil derivatives such as sheet and tube, sources tell Kallanish. Distributors’ stocks are reported as medium in Italy and medium-low around Europe, but distributors are refusing to buy due to their subdued sales activity. Service centres believe hot and cold rolled coil prices are too high, and continue to purchase small volumes. The companies s…
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