25
May
12:10
Stainless steel market 'euphoria' continues, BIR
Demand for stainless steel scrap remains strong in Italy with prices increasing, says Ruggero Ricco, chief executive of Italy’s Nichel Leghe.
Mills, however, are trying to control and reduce stainless scrap prices by making scrap sellers compete with increased use of ferroalloys and imported slab. “There is great resistance on the part of stainless steel mills to raise their purchasing prices for scrap despite the large increases recorded in coil price…
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Anonymous
Very good overview of the weekly steel market.
Anonymous