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17 Oct
11:34

Italian stainless scrap to decline again in November

Prices for stainless scrap in Italy are expected to fall again in November after declining in October, Kallanish hears from sources in an increasingly subdued market. Grade 304 material without blend has reached €1,100/tonne ($1,271/t) delivered in October. Prices for this category are forecast to fall below €1,000/t delivered as announced by the main three domestic stainless mills. At the expected November values, scrap merchants will n…
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