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11 Feb
11:33

Italian scrap prices fall but hike signals appear

Italian scrap prices have lost €50/tonne ($60) this month compared to the high points registered in January, Kallanish learns from scrap merchants in the country. However, in the past two days signs have been reported of increases by mills. New offers for delivery in the second half of the month are being increased by €10/t and mills seem to be willing to pay, sources say. Demand remains strong but some larger merchants’ stocks are lower as they so…
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