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14 Dec
11:45

Italian scrap prices seen level/falling for January

Italian scrap prices remained flat last week but they are forecast by one large mill to fall sharply in January, Kallanish learns from both steel mill and merchant sources. Some long mills however remain uncertain regarding the price outlook and are hoping that the price situation remains stable in January. One major mill says that scrap values will lose €20-30/tonne ($22.6-33.9/t) in the new year. This would be in line with the lowering prices seen in the …
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