11
Apr
10:13
Some Italian scrap grades hike in quiet market
Some Italian scrap prices are increasing in contracts by €20-50/tonne ($21-54/t) month-on-month, depending on grade, but activity remains weak as mills do not seem to be in need of material.
Convinced that European scrap values will fall after the Easter holiday break, in line with international prices, most producers are adopting a wait-and-see attitude. They are either not asking for material in the domestic market or proposing very low prices, Kallanish le…
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Anonymous
Very good overview of the weekly steel market.
Anonymous