23
Sep
19:56
Scrap rebound nears despite large inventories: Irepas traders
Further scrap price reduction is possible, as merchants have large inventories they need to sell. However, many suppliers have stopped offering material after the latest price drop, leading some players to believe a rebound is imminent. This was the conclusion of Monday’s International Rebar Exporters and Producers Association (Irepas) traders committee meeting in Düsseldorf attended by Kallanish.
Seba International president F.D. Baysal said scr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous