12
Feb
15:18
Berlin-based excess steel auction platform boosts transactions
Vanilla Steel, an e-auction platform for excess volumes of carbon and stainless steels, has more than doubled the monthly volume of transactions since its launch in October, and enlarged its base of suppliers.
While it has been more difficult to source steel within Europe, the platform lifted the volume handled from 3,400 tonnes in October to 8,700t in January. The surge was achieved amid an extremely volatile market, exacerbated by the difficulties in import…
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Anonymous
Very good overview of the weekly steel market.
Anonymous