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07 Jun
13:12

Italian scrap prices go over €500

Italian scrap prices are increasing again this month by €40/tonne ($48) compared to the end of May. Mills are demanding increasing tonnages due to strong sales and prices of finished products, market participants tell Kallanish. High-quality grades such as new arisings E8 and shredded E40 remain in short supply. Paid prices for the very high E8 grade in Italy have reached €515/t delivered this month, with a possible increase foreseen in the coming days t…
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