15
May
12:34
Italian stainless scrap values hike
Italian stainless steel scrap prices are increasing this month by €30/tonne ($32) on short availability and see-sawing raw materials, sources tell Kallanish.
Scrap merchants report high prices for procuring 304 and 316 grades, and slow demand from long product mills given their weak order books. One long steelmaker is expected to come back to purchasing this week but volumes remain limited.
In May, Italian contracts for domestic 304 are hovering at €1,4…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous