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05 Dec
11:18

Italian scrap prices remain unchanged with maintenance looming

Italian scrap prices are not falling as initially planned by steelmakers. December contracts are mostly stable compared to last month, with demand considered average. Some mills are insisting on decreasing their prices by €10/tonne ($10.5) but this has not yet been shown in this week's contracts, sources tell Kallanish. December will be a shorter month of production due to the Christmas holiday break. This is in line with seasonality in most European coun…
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