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22 Oct
10:27

Italian scrap prices begin to increase

The Italian scrap price downtrend has reversed, with values now seen increasing to the levels seen in September. Prices are already ticking up by €20-30/tonne ($23-34) in recent contracts and are forecast to continue increasing significantly, particularly for the most demanded grades such as new arisings E8, market participants tell Kallanish. Mills that heavily reduced prices for the low grades, such as demolition E1, and the higher grade old thick scrap E3,…
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