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23 Jun
11:07

Acciai Speciali Terni to cut output again on low orders

Italian stainless steelmaker Acciai Speciali Terni (AST) will idle production for four weeks in August, according to the unions and sources close to the company. At a meeting with the unions and local authorities last week, the management said the stoppage is due to order contraction. The company expects a resumption of activity in September when the European stainless market is forecast to see some recovery. The longer maintenance stoppage in August will include …
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