05
Dec
11:36
Automotive crisis causes short scrap supply, Assofermet
Italian steel trade association Assofermet reported a recovery in demand for long products in November and difficulties in sourcing scrap. This has pushed up scrap prices both in Italy and on the wider international arena.
However, the crisis in the automotive sector is persisting, particularly in Germany where scrap supply from this sector is becoming more challenging, the association says in its monthly market report monitored by Kallanish.
The associa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous