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02 Dec

Italian stainless scrap prices rise on low availability

Italian stainless steel scrap prices are increasing month-on-month by as much as €200/tonne ($210/t) due to extremely low availability, particularly for 316 grade, sources tell Kallanish. Mills are looking for material despite the fact that they will be producing less in December, either for technical maintenance stops for the Christmas holiday break or because they will idle their plants due to weak orders. Acciai Speciali Terni (AST) this month will he…
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