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09 Nov

Italian stainless scrap prices fall

Italian stainless steel scrap prices are decreasing significantly on-month despite short supply in Europe and the difficulties merchants are encountering in procuring material. November is not considered a good month so far in terms of scrap volumes as orders for finished long products continue to be scarce, sources tell Kallanish. Stainless longs producers in Italy will implement extended stoppages in December, shutting down production towards the middle of the m…
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