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28 Mar
11:18

Italian stainless scrap prices seen increasing

Italian stainless steel scrap prices are seen increasing next month thanks to higher raw materials values. Nickel prices have been on an upward trend, while ferrochrome values are increasing significantly, sources tell Kallanish. Scrap sellers however continue to report tight or sometimes non-existent margins as purchasing 304 and 316 is expensive in Italy, while selling values this month are depressed. Finished products performance, both long and flat, remains su…
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