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06 Jul
12:07

Italian scrap prices hike again on strong demand

Italian scrap prices are increasing by €15/tonne ($17) on average compared to June for contracts delivered in July. The market is tense and demand for scrap is still booming despite the significant seaborne import arrivals seen in July, sources tell Kallanish. The latest increases particularly concern the high grades of new arisings E8 and shredded E40, due to strong demand and short supply. These grades have been sold at €520-530/t delivered, and €…
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