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03 Sep
11:59

Italian scrap ticks up in quiet market

Italian scrap prices are rising by €5/tonne ($5.9) compared to last month as market activity is slowly resuming after the summer break. However, despite rising prices in Turkey and other European countries, Italian activity remains extremely quiet and mills are not in a purchasing mood, merchants and mills tell Kallanish. One large producer remains out of the market as it is not in need of material, having stocked up in the past month. It is, however, offerin…
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