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18 Apr
11:19

Italian scrap quietens, prices could fall in May

Demand for scrap in the Italian market is now at its lowest levels as the quiet holiday period is starting, market participants tell Kallanish. However, the sources interviewed expect a price decrease in May of €10/tonne ($11.2/t), in line with expected falls in international scrap prices. This week prices remain stable on last week. At the moment “…there are no transactions in the market,” a large merchant says. While 19 April is…
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