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14 Jun

Italian scrap prices stabilise

Italian scrap prices are currently steady on a weekly basis, following a €10-15/tonne ($10.7-16) decrease in values by mills at the beginning of June. That fall was associated with the subdued performance of the finished product markets, according to sources. Numerous vessels of various scrap grades, particularly E40 shredded, have been acquired by long and flat mills from the US, UK and Venezuela. The domestic E8 mixed grade is priced at €380/t, while t…
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