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14 May
07:10

Italian stainless scrap values fall on low nickel

Italian stainless scrap prices are losing €30/tonne ($33.7/t) compared to last month. This is due to the recent fluctuations in nickel prices. A similar situation is seen in France and Germany, local merchants tell Kallanish. While demand is not particularly lively, prices for the most popular grade 304 have reached €1,070-1,090/t delivered. There is still some tension in the market however relating to grade 316 for which the continued short suppl…
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