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21 Nov
15:57

Italian scrap prices increase on shortage

Italian scrap market sentiment seems to have changed and prices are increasing or about to increase by €5-10/tonne ($5.4-10.9), depending on needs and availability. Scrap procurement volumes decreased significantly over the past weeks due to the manufacturing sector’s production slowdown and low collection rates. Italian mills are consequently now in need of material to be able to produce at least until the Christmas holidays, market participants tell K…
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