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18 Jan
13:14

Italian scrap prices hike

Italian scrap prices are increasing by €20/tonne ($21) in new January contracts after a slow start to sales activity. Sellers report a lower level of sales volumes this month as not all Italian mills have resumed production. Some have only partially restarted their plants. One steelmaker remains inactive and plans to resume production next week. Finished long products demand has been disappointing in January, with rebar prices declining instead of increasing …
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