02
Jul
12:45
French, Benelux scrap hardly moves, Italy supply tight
French and Belgian scrap prices are forecast to remain stable compared to June, with the lower grades possibly losing €10/tonne ($11) as new contracts are being negotiated for the month of July.
Despite hunger for material and full order books, prices of all long products in these countries, from wire rod to rebar and merchant bar, are losing momentum. Mills in France, like in southern European countries, will buy less scrap this month in view of the summer c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous