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03 Sep
09:38

Low scrap sales volumes worry Italian merchants

The first contracts for Italian domestic scrap are confirming the expected €5/tonne ($5.4/t) falls for some grades and stability for other grades, market participants tell Kallanish. The main concern for merchants remains low volumes. Mills are particularly careful with their purchases, only buying 300-500 tonnes in a climate of uncertainty and falling raw material prices on the wider international scene. The current sluggish activity is also the conse…
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