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10 Oct
11:24

Italian scrap prices flatten, some mills reduce

Italian scrap prices are more or less stable this month, with some declines observed depending on mills’ needs. Steelmakers are cutting output and are not looking for high volumes this month, market participants tell Kallanish. Some mills are putting off scrap procurement as production cuts mean they are consuming less scrap and continue to have full scrap yards. A couple of mills are decreasing their values by €20-30/tonne ($21-31) but others are keepi…
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