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24 Jan
11:31

Italian scrap values to see February decline

Italian scrap values are set to lose €10/tonne ($11/t) in February contracts In line with falling Turkish scrap prices as mills intend to reduce their purchasing prices. The Italian scrap market has enjoyed relative stability of late, with prices only ticking up by €5/t in January. The market has been surrounded by uncertainty however because of the low sales and falling prices for domestic primary long products such as rebar and merchant bar, market sou…
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