25
Mar
11:40
European scrap in lull, sources forecast increases
The European scrap market is going through a generalised lull, sources in Italy, France and Germany report. According to last week’s events in the international scrap market, forecasts for April are of another possibly slight increase on all grades.
The market quiet is caused by a wait-and-see attitude as players await some better international visibility. However, with all raw materials increasing, some sellers dare to forecast a €20/tonne ($22/t) hike…
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Anonymous
Very good overview of the weekly steel market.
Anonymous