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After a good start to November amid increasing domestic scrap prices and demand, the Italian market is seeing deliveries slowing, with steelmakers thinking about reducing prices for the weeks to come. Considering that scrap availability is about 50% lower compared to previous years, a significant price reduction is unlikely, even in the case of demand contraction, says Italian steel trade association Assofermet in its market note monitored by Kallanish.   Th…
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