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27 Jul
11:30

Italian scrap prices tick up further

Despite the weak international scrap price trend, Italian values continue to tick up, with mills on course to reaching the August break with full scrap yards. Market participants tell Kallanish that sales of some finished long products have proven to be better than expected. While July started with very weak demand, it is ending with increased activity and a recovery in sales volumes. Compared to the low scrap levels seen at the beginning of July, local steelmake…
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