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17 Nov
12:48

Italian stainless flats demand stagnates again

Italian demand for stainless flat steel has weakened again, with the market continuing to be fragile downstream. Despite some growth in coil sales in September and October, service centres and re-rollers have not managed to pass on price increases downstream, sources tell Kallanish. “Stocks are medium-high. The market for our clients is slow and does not absorb the coil increases. Sheet prices are at the same level as producers’ coil levels, so these p…
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