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08 Jun
11:39

Italian scrap market suffers on low mill demand

Italian scrap sales and purchasing volumes are forecast to remain relatively low this month in line with poor domestic sales of finished long products, scrap merchants tell Kallanish.  “Mills are waiting – there is no need for them to buy – and scrap orders are being put off,” a large merchant says. “Large producers have confirmed that prices this month will remain unaltered compared to May; however, the market has not properly r…
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