15
Feb
12:31
Italian scrap demand goes quiet
The Italian scrap market is going through a sluggish patch. Mills have full scrap yards and are not interested in buying this week. February contracts are mostly stable month-on-month, although some sellers are reporting mild increases of €5-10/tonne ($5.3-10.7), in line with other countries, Kallanish notes.
Shredded E40 automotive grade is practically “unsellable” this month. Producers are refusing to grant price increases despite end-of-li…
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Anonymous
Very good overview of the weekly steel market.
Anonymous