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07 Aug
11:02

Italian scrap merchants fear further German price reductions

Italian scrap prices are forecast to remain stable at high levels in September, while sales volumes are seen hiking significantly after the weak activity in July. The market is now at a standstill due to the August national break. Small and large merchants were forced to shut down from the first week of August due to low demand from mills, market participants tell Kallanish. Merchants, however, are looking at import prices as they fear German sellers may again d…
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