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04 Aug
10:33

Italian stainless scrap prices flatten in improved market

Italian stainless steel scrap prices are stable in August compared to July and some more optimism is coming back to the market. Coil producers received in July and the first days of August a good level of orders thanks to improved demand and some restocking. This follows a long period of quiet and reduced coil orders, sources tell Kallanish. Italian stainless steelmaker Acciai Speciali Terni (AST) cut output for two weeks in May and has idled its plant in Ter…
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