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03 Jul
12:44

Italian scrap prices decrease

Italian scrap prices are correcting by €10/tonne ($10.7) and, in certain situations, by €15/t. Steelmakers are facing challenges with sluggish sales of their finished flat and long products, and are seeking ways to improve their profit margins while also finding a balance between supply and demand. Several producers are already slowing their output, indicating that this year's August stoppages may last at least three weeks. May and June register…
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