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14 Nov
12:19

Assofermet warns of low scrap availability

The Italian scrap price downtrend has come to an end, as sentiment has radically changed compared to last month, Italian steel trade association Assofermet says in its market note monitored by Kallanish. “Some behaviours are being noted in the market, such as an increasingly marked verticalisation, the total control of scrap collection and, lastly, some steel mills have purchased scrap demanding delivery in the month following the date of purchase agreement,…
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