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20 Jan
09:06

Italian stainless scrap rises sharply

Italian stainless steel scrap prices are increasing in new contracts by €100/tonne ($121) on average compared to December. Demand is significantly increasing from local mills. Stainless flat products are in short supply and prices of both finished long and flat products are rising sharply on costly raw materials and lack of imports, Kallanish is told. At present, 304 grade is sold at between €1,280-1,320/t delivered on average, without blend, a less pur…
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