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30 Sep
11:45

Italian scrap market eyes October stabilisation, volumes low

Italian scrap demand improved in the second half of September thanks to some steelmakers resuming production. Despite the Ministry of Economic Development (Mise) approving a new decree to reduce the impact of energy costs on energy-intensive sectors, local long and flat products' sales continue to stagnate. Some producers intend to decrease their scrap values by €20/tonne ($19.5) from the high point of the range paid in September. However, buyers and sell…
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