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14 Sep
08:46

Italian scrap demand resumes this week

After flatlining in August and at the beginning of September, the Italian scrap market is showing signs of resuscitation. Sellers and scrap producers are witnessing some return of demand this week which, coupled with an up-tick in contracts, is spreading some hope and optimism. Some steelmakers which idled production last week are now back producing. In some contracts and for very high grades buyers granted a €10/tonne ($9.9/t) increase as “th…
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