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06 Jan
11:10

Italian scrap to rise sharply

Italian ferrous scrap prices are set to increase by €40/tonne ($49) as some mills have already accepted €310-320/t for mixed quality new arising grades E8 and €10/t more for the higher grade, market participants tell Kallanish. However, this may not be enough for domestic sellers as international prices keep rising. The Italian market has not fully resumed work after the Christmas break as 6 January is a national holiday. Large merchants are st…
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