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15 Feb

Italian domestic scrap prices seen declining

Italian scrap prices are stable month-on-month but some mills are beginning to communicate price decreases for contracts in the second half of the month, sources tell Kallanish. Finished long and flat products are going through a phase of stagnation, low consumption. Some longs and coils owing are seeing weaker prices. Given their thinning order books, in Italy, some mills say they will decrease their scrap prices by €10-15/tonne ($10.7-16.1) depending on gra…
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