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13 Jun
10:38

Italian stainless scrap falls

Italian stainless scrap prices are losing a further €40-50/tonne ($45.1-56.4/t) compared to last month when prices also fell. This is due to the recent fluctuations in nickel prices and is in line with French and German stainless scrap prices, local merchants tell Kallanish. Demand is considered stable but margins are being squeezed and some grades are in short supply as they are sold for higher prices on the export market to third countries such as In…
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