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09 Jan
11:31

Italian scrap values fall

Despite market hopes for stability, Italian scrap prices are losing €10-15/tonne ($11.4-17.1/t) this week compared to December prices, Kallanish learns from both steel mill and merchant sources. This is in line with lower Turkish import prices and price uncertainty on the wider European scene. Merchants are agreeing contracts with mills and for now and for the rest of the first half of January. However, sales are not picking up afte…
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