03
Aug
10:53
European scrap activity awakens surprisingly amid holidays
European scrap values seem to be on the verge of increasing this month in an unexpected turn of events that is seeing mills search for material despite the August holidays. This is mostly due to the low availability of new scrap grades, such as new arisings E8 and the high shredded automotive quality, market participants tell Kallanish.
Scrap merchants in Eastern European countries, Germany and Italy say they will not sell material unless they are paid some increa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous