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13 Nov

Italian billet prices rise as market strengthens

Italian domestic billet prices are increasing by €20/tonne ($22/t) month-on-month in line with rising scrap prices, market participants tell Kallanish. Local material was sold at €345/t delivered in October. It is now at €360/t delivered on average for small tonnages. After a very slow October, November is proving to be a more positive month for both domestic sales and exports of semis. A general wave of increasing demand and prices in Ita…
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