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31 Jul
11:59

Italian stainless scrap to recover in October: BIR

A September recovery in stainless steel scrap demand and prices in Italy seems unlikely. However, all current signs suggest some improved activity will happen in October, says Ruggero Ricco, chief executive of Italy’s Nichel Leghe. The economy is seeing a slow market recovery hampered by uncertainty and fear, with the additional factor of approaching summer closures. Italian steel mills have confirmed that an almost complete shutdown is planned for August an…
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