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13 Mar
11:26

Negative sentiment, lower prices impact Italian scrap: Assofermet

Italian steel trade association Assofermet is registering negative market sentiment in March, driven by price decline and weak finished products sales, the association says in its market note monitored by Kallanish. Sources are reporting continued lower scrap collection, as well as great uncertainty. This “has somewhat delayed the closing of contracts in these first days of March. The reason for this uncertainty is mainly due to the trend of lower sales of f…
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