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08 Feb
10:17

Italian stainless scrap rises

Italian stainless scrap prices are moving upwards compared to last month in new February contracts. This applies primarily to the more common grade 304 and is due to the recent rise in nickel prices. Contracts for grade 304 have reached €990-1,030/tonne ($1,121-1,167/t) delivered this month, up from €960-980/t in January Kallanish hears from merchants. Prices for grade 316 scrap continue to receive support because of a&…
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