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09 Apr
11:33

Italian scrap prices decline on low demand

After the first contracts negotiated for April suggested a substantial month-on-month price stability, Italian scrap prices are now declining for certain grades, market participants tell Kallanish. This week’s contracts are being agreed at €10/tonne ($11.2/t) less for demolition qualities E1 and E3. Prices for other grades such as new arisings remain mostly stable. The main concern in the market remains low demand. For the last two weeks mer…
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