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20 Jul
09:51

Italian scrap import contracts remain stable, tonnages low

Italian scrap import contracts from France and Germany are in the process of being agreed at steady month-on-month prices as predicted, sources in the market tell Kallanish. Because of market uncertainty and a wait-and-see attitude adopted by Italian buyers, sales volumes are lower than last month. “The majority of import contracts have been agreed but for low tonnages,” a trader comments. “Italian mills are only buying to satisfy the…
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