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12 Nov
10:36

Italian stainless scrap prices rise

Italian stainless scrap prices are increasing again by €70/tonne ($80/t) compared to October due to rising nickel prices. Like last month, scrap sales volumes in Italy are said to be sustained by a good level of demand. Both longs and flats prices continue their upward trend sustained by strong demand from end-users, sources say. Grade 304 is being sold at €1,800-1,850/t delivered. Pricing for grade 316 also rose significantly, reaching €2,500-2,55…
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