01
Dec
11:29
Italian scrap market slows after price increases
Italian scrap prices have increased in recent days by €20/tonne ($22) on average compared to mid-November, depending on grade.
The market, however, is in a lull this week, with mills waiting and not accepting further increases. High-quality automotive grades remain in short supply but demand also for this grade seems to have calmed this week.
At present, domestic E1 is being transacted at €380-400/tonne delivered ($404-449), while old thick E3 is at &eu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous