18
Jan
11:08
Italian stainless scrap prices flatten, increases forecast
Italian stainless steel scrap prices are seen increasing in February by some €20-30/tonne ($21-32), driven by an extreme material shortage. Sellers, however, report reduced demand, particularly from long steelmakers who are skipping purchasing material this month as they have sufficient stock to respond to the weak market consumption, sources tell Kallanish.
The outlook for longs but also coil demand remains negative this month as the performance of finished …
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Anonymous
Very good overview of the weekly steel market.
Anonymous