23
Nov
13:27
Italian scrap may rebound further in December: sources
Italian scrap prices are seen ticking up again in December as short availability persists, particularly for new arisings grades. Apparent demand is presently said to be low for Italian finished flat and long products, but end-use sectors’ steel consumption remains high and producers are reported to have good order books, Kallanish notes.
This week, mills are ordering less scrap as they are receiving cargoes ordered for November delivery. The entire value cha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous