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30 Aug
11:21

Italian scrap prices to decline slightly

Italian scrap prices are seen decreasing in new September contracts. While most mills resumed work on Monday this week, some will restart production next week after longer seasonal maintenance stoppages with a view to balance demand and supply, Kallanish notes. The domestic market has not properly resumed activity, but scrap needs differ from mill to mill. A few steelmakers with full scrap yards have already communicated and are implementing a €10/tonne ($10.…
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