14
May
13:50
Italian scrap prices rise
Italian scrap prices are continuing to increase in both transactions and asking levels, making domestic material the most expensive in Europe. This is happening because of increased demand from mills but also short availability of several grades, Kallanish notes.
This week, some sellers are asking for a further increase of €20/tonne ($21), which mills are trying to resist, market sources say. Merchants are quoting mixed E8 and E40 grades at €420/t delive…
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Anonymous
Very good overview of the weekly steel market.
Anonymous