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01 Oct
10:49

Italian stainless scrap seen rising

Italian stainless steel scrap prices are expected to increase by €20/tonne ($23) compared to September on costlier nickel and an expected rise in shipments. Volumes are heavily reduced due to the Italian stainless sector downturn. However, price increases are being implemented for finished products and the market is registering an improvement in activity, market participants tell Kallanish. This week, sales remain slow as merchants are negotiating contracts …
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