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08 Mar
12:13

Italian sections prices skyrocket amid shortages, mill stoppages

Italian sections prices are increasing by €150/tonne ($163) on average amid restricted availability and high demand. The Russian-Ukrainian conflict has left Italian mills without ferroalloys, semi-finished products and pig iron, with energy costs and scrap prices skyrocketing, Kallanish hears. In Italy, the main sections producer is implementing production halts a few days per week and allocating small tonnages per customer. All long steel producers are idlin…
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