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09 Apr
08:04

No production, imports to support Italian scrap prices

As there are still no new prices and no market for long products in Italy this week, some local scrap merchants believe scrap prices will rise quickly after the market resumes activity and stabilises. Some steelmakers have resumed producing between Wednesday and Thursday this week, while others are expected to restart next week as they are waiting for authorisation from their regions. Production, however, will restart at a heavily reduced pace due to the collapse …
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