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14 Apr
11:22

Italian scrap market remains sluggish

The Italian scrap market has entered a lull after prices of some grades increased this month while others remained mostly stable on March. Sales activity has been intermittent, with a clear resistance from steelmakers who refuse to pay the increases and are not asking for material this month. Some mills have bought limited scrap tonnages on the domestic market and have recently stopped buying until after the Easter break, convinced that European scrap values will …
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