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29 Jan
10:18

Italian scrap may edge up

As Turkish imported scrap prices are edging up and domestic scrap sales volumes in Italy have been good in January, Italian scrap values may remain stable or rise slightly in February, market sources tell Kallanish.   While some mills still believe they can achieve a slight, €5/tonne ($5.7/t) reduction in the price they pay for scrap next month, large merchants will remain quiet this week and adopt a wait and see attitude. Few large transactions will h…
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