21
Jun
09:48
Lower collection supports Italian scrap prices
Italian scrap prices have reached a point of stability after a period of decline. In the first half of July, there was a decrease of around €10/tonne ($10.6/t) in prices. Market participants are predicting stability in July, with the possibility of mills granting €5-10/t increases to procure scrap, Kallanish notes.
Sources report that scrap has stabilised largely as a result of decreased availability, and that it will not decline much more in the coming …
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Anonymous
Very good overview of the weekly steel market.
Anonymous