23
Apr
13:17
Italian scrap prices rise
Italian scrap deal prices are increasing between €10-20/tonne ($11-21). Some mills, however, have not granted hikes and are adopting a wait-and-see attitude.
Very low material availability in Italy is keeping prices afloat. Merchants are strongly expecting increases next month, despite weak finished products sales, Kallanish hears.
Lower production volumes in the manufacturing sector are causing a shortage of quality scrap, grades such as steel turnings E5.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous