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20 Apr
10:58

Market foresees Italian scrap price rise in May

Italian ferrous scrap prices are forecast to increase in May as the entire sector is expected to reopen, Kallanish notes. Long producers are working at heavily reduced capacity or have resumed shipping but are not producing. Some flat products’ makers remain inactive and customers from the construction sectors are still closed and therefore not ordering. The scrap market in Italy is therefore unstable and extremely speculative as prices are fluctuating and …
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