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13 May
10:01

Short supply supports Italian scrap values

Italian scrap prices are set to remain stable this week after some mills tried to lower their purchasing prices by €5-10/tonne (€5.4-10.8/t). However, prices remain high due to poor availability and have returned to pre-lockdown levels, sources say. Activity remains low and while mills are looking for material, sales of their finished products are still very disappointing. “The market is still waiting for a proper restart of activity after the long…
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