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06 Mar
10:51

Lower availability supports Italian scrap prices: Assofermet

The scrap shortage at Italian merchants' yards and the lower collection caused by production cuts in recent months will contribute to supporting domestic scrap values, with some increases occurring in new March contracts, Italian steel trade association Assofermet says in its latest market note monitored by Kallanish. Concerns about high transport costs persist in the sector. February was mostly a stable month in terms of prices. Last month, mills’ purch…
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