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12 May
11:08

Slow demand recovery forces AST to curb output

Output at Italian stainless steelmaker, Acciai Speciali Terni (AST), is set to remain low in May, the company has advised its trade unions.   AST is programming some new stoppages this month to curb output. May production should remain below the level of 50,000 tonnes of crude steel, a member of the mill’s trade union tells Kallanish. As activity is resuming very slowly for AST’s buyers, the company needs to adapt its production levels to the cur…
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