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10 Oct

Italian stainless scrap prices flatten

Italian stainless steel scrap prices are mostly stable on-month. October is considered an average month in terms of scrap volumes. Orders for finished long products and coils are scarce and order books for the end of the year are not filling up. Sources who spoke to Kallanish are pessimistic about scrap prices and volumes for November. Stainless longs producers in Italy are coming back to purchasing this month after skipping bookings in September due to weak order…
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