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20 Jan
10:12

Italian stainless scrap flattens

Italian stainless steel scrap prices are mostly stable on December despite expectations of substantial increases, sources tell Kallanish. After an initial wait-and-see attitude following the winter holiday, long and flat steelmakers have been looking to procure 304 and 316, either pure or in a blend mix. Demand is considered average with most lines restarting production. Grade 304 prices are now at €1,590-1,610/tonne ($1,722-1,743) delivered. 316 grade has b…
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