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08 Nov
09:59

Italian scrap prices struggle on low demand

Turkish imported scrap prices have increased by $20/tonne month-on-month in Italy and domestic scrap values are expected to hike as a consequence. Despite this, the Italian market is struggling to take off this month, industry sources tell Kallanish. While a German mill has granted an increase of €10/t ($11.4/t) on scrap compared to October, uncertainty and cautiousness are still dominating purchases by Italian mills. September and October were bad mon…
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