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24 Feb
11:10

Italian scrap suppliers suspend sales amid Ukraine uncertainty

Some large Italian scrap merchants are stopping sales this week due to uncertainty surrounding the war in Ukraine and the CIS-origin raw material procurement problems anticipated as a result. One recycling company tells Kallanish it does not intend to sell this week since values may increase next week as a result of the war. Prices are also supported by the European shortage of automotive-grade E8 new arisings and E40 shredded scrap. The domestic scrap market has…
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