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29 Jul
09:10

Federacciai shows some optimism over future recovery

Italian steelmakers’ association Federacciai president Alessandro Banzato says Italian crude steel output is recovering slightly, calling the June decline of only -13% on-year “…encouraging.” This comes after the sharp drop of over -42% in April and over -16% in May. During a webinar organised by Siderweb, Banzato added that the former Ilva steelmaker, now ArcelorMittal Italia, has been running at minimum capacity. “If this gradual …
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