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25 Feb
12:53

Italian stainless scrap seen increasing in March

Italian stainless steel scrap prices are expected to increase again in new March contracts by over €100/tonne ($122) on average, sellers tell Kallanish. Demand remains high from local mills as finished flat products are in short supply and prices are skyrocketing. While, at present, 304 grade is sold at €1,400/t delivered on average, merchants will be asking for between €1,500-1,530/t delivered for March, as they are already paying increases to the…
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