05
Apr
12:13
Italian scrap market lull continues
The Italian scrap market remains in a lull this week, with little or no sales occurring and mills refusing merchants’ offers at increased prices.
The trend in other European countries seems to be for a €40-50/tonne ($43-54/t) month-on-month increase on account of strong demand and high prices of finished products. However, Italian mills are not yet requesting material and some would like to decrease their scrap prices.
Grades such as E8 new arisings ha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous