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20 Jul
10:43

Italian stainless scrap prices continue to decline

Italian stainless steel scrap prices are falling by over €500/tonne ($511/t) on average compared to June, as expected by local buyers and sellers, sources tell Kallanish. One smaller mill remains out of the market until September and others are buying less compared to their normal volumes due to longer-than-usual maintenance works this summer designed to rebalance supply with demand. Sales of finished flat and long products are thin. Service centres and re-r…
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