08
Mar
00:00
Scrap rebound only temporary unless steel prices rise, longs demand to recover: Irepas
The rebound in international scrap prices from their bottom level in late February may only be temporary during March unless finished product prices pick up. However, demand for long products should recover in the coming months simply because buying has been so lacklustre throughout the first quarter, according to the International Rebar Producers and Exporters Association (Irepas).
“Demand for scrap has picked up in all major markets and supply is tig…
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Anonymous
Very good overview of the weekly steel market.
Anonymous