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30 Mar
13:42

Italian scrap to decline slightly

Italian scrap prices are set to decrease by €10/tonne ($11) in new April contracts. Activity remains subdued as contracts are being negotiated and mills’ demand is considered weak. The market is forecast to gain traction next week after the Easter break, Kallanish learns from market sources All mills are communicating a €10/t decrease for the first two weeks of April, but this depends on grade. Sellers report a short supply of E40 shredded scrap. T…
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