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16 Jan
12:02

Italian scrap prices begin to increase

Italian scrap prices are beginning to increase this month but quiet activity persists and not all mills are in a buying mood. Faced with requests for month-on-month increases of €30/tonne ($32), mills are taking their time to decide and putting off agreeing on large-volumes contracts. Some, however, have started to grant €15/t hikes on average, sources tell Kallanish. One mill is yet to resume production after the holidays, while most producers ar…
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