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22 Mar
11:29

Demand picks up for Italian scrap

Italian scrap prices are gaining a further €5/tonne ($5.6/t) for certain grades compared to last week. Demolition grades have risen overall by €10/t month-on-month while other grades have upticked by €5/t, Kallanish hears from market sources. Demand for new arisings grade E8 has also improved significantly compared to the first week of the month. Margins however remain low despite price increases because merchants are paying high pr…
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