17
Jun
09:33
Spanish scrap prices plunge
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Spanish scrap prices reached new lows at the end of last week. The new E8 quality has fallen by almost €75/tonne ($76.17/t) since the beginning of the second full week of June. Local market participants tell Kallanish that such a sharp decrease was driven by the drops in global markets.
“Over the last few weeks, most steel mills replenished stocks and stopped buying material, while waiting for new market adjustments to be confirmed,” a local sourc…
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Todor Kirkov
Bulgaria
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous