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02 Oct
11:42

Italian scrap prices seen flattening in October

Italian scrap prices are seen stable this month, with some mild, €5/tonne ($5.2) downward fluctuation depending on each mill’s needs, market participants tell Kallanish. Very few contracts have been agreed so far this month, with the majority of large-volume contracts to be discussed over the coming days. This month, most steelmakers will not need large quantities of scrap, as all are slowing output in line with weak sales of both finished flat and lon…
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