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09 Dec
14:22

EU prices to rise, imports fall further: Sandrini

European steel prices are likely to rise further in the coming months due to various factors restricting material availability coupled with a recovery in demand, according to Assofermet Acciai president Tommaso Sandrini. The European steel market is in a state of panic, with participants perceiving there is insufficient material to satisfy demand. Many are questioning, “are we back in 2008?” Sandrini said at the Kallanish Europe Steel Markets 2020 virt…
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