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14 Aug
11:01

European scrap hikes prompt Italian increases

Italian scrap prices are forecast to gain €10/tonne ($11/t) when market activity resumes in September. Sources believe prices will hike in line with the latest increases in Eastern European countries and Germany, and the expected further rise in Turkish scrap prices next month. For August delivery some German mills have kept their scrap buying prices stable on July, but two steelmakers paid a month-on-month hike of €5-10/t. The German market significantl…
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