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07 Sep
11:19

Italian stainless scrap activity remains sluggish

Italian stainless steel scrap prices remain unclear this week, with mills not yet quoting their scrap purchasing prices due to the current uncertainty. While all stainless long and flat steelmakers are restarting production in September after this year’s long summer maintenance shutdowns, energy prices are weighing heavily on their margins. They remain cautious with their quotes for finished products and with raw material procurement prices. Because of the …
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