30
May
13:21
Merchant doubts Austrian scrap price index accuracy
The scrap price information service published by the Austrian Federal Economic Chamber (Wirtschaftskammer Österreich/WKO) has come under fire for being unrepresentative of the market.
WKO has for years released monthly updates on price changes of steel scrap based on information obtained from Voestalpine. When voestalpine pulled out of releasing scrap prices after February 2016, WKO began using input from rebar mill Marienhütte. Since then, the monthly…
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Anonymous
Very good overview of the weekly steel market.
Anonymous