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08 Sep
11:21

Low volumes plague Italian scrap

Italian mills intend to decrease scrap prices by €10/tonne ($10) in the domestic market. With many steelmakers implementing stoppages and demand weak, various mills have full scrap yards and are not in need of material, Kallanish hears. The Italian market is plagued by very low sales volumes at present. Italian prices are also too low for imports from other European countries such as Eastern Europe, France, and Germany. So far, local mills are only buying dom…
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