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16 May
10:21

EU scrap players’ views diverge over shortages

Scrap availability in Europe is a hotly debated topic at present. In the opinion of some buyers and sellers, the scrap shortage afflicting the Italian market in May is now expanding to Germany, France and some other northern EU countries, Kallanish notes. Some buyers are reporting offers for E8 and E40 mixed grades at “astronomical” prices, and for only a few hundred tonnes, at some €420/tonne delivered. These quotes, which have not translate…
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