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08 Jun
11:13

Italian stainless flats prices continue to decline

Prices continue to decline in the Italian stainless flat steel market, with coil levels seen dropping further this month. The deadlock has deepened across all European nations, with no apparent and little real demand being reported. Coil prices are falling by another €100/tonne ($106) compared to May. From €3,000/t base delivered in April, values of stainless cold rolled coil are now at €2,300-2,350/t delivered, while hot rolled coil is at €2,2…
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