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10 Feb
13:14

Italian scrap market quietens, mills refuse increases

Italian scrap prices remain stable compared to last week after climbing at the end of January. Unlike French and German mills, Italian buyers are not willing to pay the most-recent €20/tonne ($22) increases demanded by merchants. The market remains quiet with few transactions, despite steelmakers being reported to be in need of material, Kallanish notes. Limited availability for E40 shredded scrap and new arisings grades E8 in France, Germany and Eastern…
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