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09 Jan
12:04

Italian scrap prices forecast to rise

Italian mills will be paying more for domestic and imported scrap in January. The scrap market is this week resuming work after the Christmas holiday break. Mills also resumed production and sales activity on Monday and are looking for material, sources tell Kallanish. Steelmakers will start buying scrap towards the middle or end of this week. Most are adopting a wait-and-see attitude, while others are beginning to say they will grant €10-15/tonne ($10.6-16) …
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