29
Apr
10:37
European scrap seen falling €80 in May
Scrap prices in Western and Eastern Europe are set to decline in May. Mills and merchants will begin negotiating new contracts this week, with the international finished steel price decline impacting buyers’ mood, sources tell Kallanish.
Large steelmakers in Italy, France and some Eastern European countries are talking about a month-on-month decrease on all scrap grades of as much as €80-90/tonne ($84-95). In Italy, meanwhile, mills are determined to re…
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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