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08 Nov
10:08

Scrap recovery positively impacts Italian longs says Assofermet

Italian steel trade association Assofermet says that scrap prices have stopped falling both in Italy and internationally as from the second half of October 2019. Both scrap values and demand from Italian steel mills have begun to recover, the association adds in its monthly market report monitored by Kallanish. Scrap prices had reached such low levels in October that collecting scrap had become extremely complicated for merchants and with transformation costs, i…
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