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16 Nov
10:43

Italian scrap prices see uptick as demand rises

Italian scrap prices are increasing again as demand from mills is finally growing. This follows a period in October and at the beginning of November when values stagnated and scrap sales volumes were low, merchants tell Kallanish. With mills back purchasing, domestic prices have gained €5-10/tonne ($5.6-11.2/t) so far compared to those in October and the first week of November. As demand was low last month, stocks at scrapyards are now high in Italy and mer…
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