22
Nov
12:30
European scrap prices seen increasing on shortage
Western European scrap prices are forecast to continue to increase in December, mostly due to low availability and strong demand for exports from northern European ports, sources in the market believe.
Prices in France, Benelux, Italy and Germany are continuing to hike compared to the beginning of the month. Sellers see strong demand from European mills despite several production cuts. Several sources agree that unless the current increasing trend of Turkish scrap…
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Anonymous
Very good overview of the weekly steel market.
Anonymous