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11 Apr
12:16

Italian scrap prices may flatten

The expected €5-10/tonne ($5.4-10.9) decline in Italian scrap prices may ultimately not materialise due to reduced availability of material and strong demand from some large steelmakers. Sources are beginning to believe this month’s contract prices will be largely flat on March, although some smaller suppliers will likely compromise €5-10/t, Kallanish notes. The market is slowly waking up from the Easter Holiday torpor and contracts with the large …
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