12
Jun
10:37
European stainless scrap prices approach rock bottom
European stainless steel scrap prices are reaching rock bottom, some sellers believe.
If producers in France, Italy and Spain intend not to idle their plants in July, they will need to purchase material and prices cannot fall any further, they say. In all European countries, an extreme shortage of 304 and 316 is reported with sellers struggling to procure material. Prices in Italy, France, Belgium and Germany are plummeting versus May. Teh drop is over €250/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous