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17 Jun
15:11

Italian stainless flats prices increase on shortage

Transaction prices for stainless flat steel in Italy are on the rise, just like in other EU countries. In recent weeks, European steelmakers have accumulated orders that could not be placed with Acerinox or Outokumpu because of strikes affecting both plants. Demand downstream is weak, but supply is reported to be even weaker. Mills in Europe are experiencing delivery delays. Imports of cold and hot rolled coil are being delayed as vessels are avoiding the Red Sea …
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