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02 Nov
12:05

Italian mills seek reduced scrap prices

After Italian scrap prices increased by €30-50/tonne ($34-58) over the past ten days, some mills have now decided to decrease their values since Turkish prices started to fall. The market remains uncertain and quiet this week as sellers are asking for further increases in November but mills have no appetite for material. The standoff is expected to conclude by the end of the week when the international price situation becomes clearer, market participants tel…
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