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21 May
10:15

Italian scrap values flatten

After having fallen in May by €10/tonne ($11.1/t) month-on-month Italian scrap prices remain flat this week. This happens as merchants and mills are beginning to agree contracts for the last part of the month, market participants tell Kallanish. Domestic long products prices and sales volumes remain uncertain. Mills’ bids for scrap are lower than usual but prices are seen stable for the period up to the end of the month, Kallanish hears…
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