31
May
11:02
Italian mills' holiday stoppages weaken scrap
Italian mills intend to further reduce buying prices of scrap on the domestic market and for import from other European countries in June. Buyers will probably reduce values by €50/tonne ($53), but this may vary according to the development of international prices, Kallanish learns from market participants.
This week, demand is particularly low, due mainly to the coming public holiday on Thursday and bridge holiday on Friday. Most Italian mills will be suspen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous