04
Aug
15:44
European scrap prices seen declining, despite some uncertainty
European scrap prices are seen decreasing in August, but mixed international signals are causing uncertainty in the market about price direction.
Most mills in Italy, France and Germany intend to decrease their prices by €30/tonne ($35) this month for the lower grades and by €5-10/t for the new scrap grades such as new arisings E8. This quality however remains in short supply, particularly in northern Europe, also due production curbs in the automotive …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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