09
Feb
00:00
Italian scrap slips 5/t in February, with more US-led falls to follow
Italy settled its weekly scrap contracts some €5-10/tonne higher early in January, according to the market round-up by local raw materials trading company, Alocci Rappresentanze Industriali. These prices then remained unchanged until late January, when values slipped €5/t, reflecting movements in the deep-sea market, the trading company tells Kallanish. However, the sector will need more time if Italy is to adjust its levels fully to the US decline, it ad…
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Anonymous
Very good overview of the weekly steel market.
Anonymous