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03 May
15:57

Acciai Speciali Terni cuts output amid weak market

Italian stainless steelmaker Acciai Speciali Terni (AST) is reducing output in line with other European stainless steel producers. The sector has been heavily impacted by poor orders since the second half of last year, falling coil prices and global overcapacity for coil and coil-consuming finished products, Kallanish learns from sources close to the company. The first week of May will see a production stoppage at the steel mill’s hot rolling area and f…
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