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08 Nov
10:02

Italian stainless scrap values fall on weak demand

Prices for stainless scrap in Italy have fallen again in November after having declined in October as was foreseen, Kallanish hears from sources. This is due to falling nickel prices in an increasingly complicated finished product market. From €1,100/tonne ($1,256/t) delivered in October, grade 304 material without blend has dipped to €1,040-1,060/t delivered on average, due to see-sawing nickel values. This is the result of ve…
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