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13 May
11:05

Italian scrap increases, mills’ order books unchanged: Assofermet

Italian mills’ order books and production plans remain unchanged, with no improvement seen in the market. Italian steel trade association Assofermet notes an increase of €10-20/tonne ($10.7-21.5) in scrap prices in early May owing to improved demand from steelmakers but also short availability, it says in its market note sent to Kallanish. April was a short and overall sluggish month, resulting in stable prices. Last month “was marked by a reduced…
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