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13 Oct
12:18

Italian flats sales to improve in November: Assofermet

Activity at flat steel service centres should improve as purchases will resume in the coming weeks for deliveries in the first quarter of next year, Italian steel trade association Assofermet forecasts in a report sent to Kallanish. Current steel prices appear to have sunk below production costs. “It is implausible to expect further cycles of price declines” considering the resilience of raw materials prices, high energy and financial costs, the rising…
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