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10 Mar
14:17

War throws scrap, iron trade into ‘turmoil’: Assofermet

Italian steel trade association Assofermet has registered a strong reduction in automotive output, which, coupled with the Ukraine war impact, will hamper scrap availability in Europe, it says in a note sent to Kallanish. Many southern European scrap traders, who were asking for further price increases compared to February in categories such as shredded scrap E40, have seen their requests rejected both from a financial and volume point of view. Merchants in the Ge…
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