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16 Jul
01:00

Assofermet expects Italian scrap prices to fall over the summer

After losing approximately €20/tonne ($22/t) on June levels, Italian scrap prices are expected to see a sharp deterioration in the upcoming weeks, Kallanish hears from Italian steel trade association Assofermet. Earlier in July, the association predicted that the international scrap market was going to see a declining trend. Now, following signals which have emerged during the last few days, Assofermet expects a further weakening of prices both on a nat…
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