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26 Nov
09:54

Italian scrap prices to rise again

Italian scrap prices should increase again significantly in December. After a week of uncertainty and weak activity, demand for scrap is again very strong. However, short availability, particularly for automotive grades, may result in merchants not being able to respond to the strong demand. Prices are forecast to increase again by as much as €20-30/tonne ($22-30), depending on grade, thanks to strong activity. Merchants are already paying increases when purc…
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