05
Jul
12:34
French, Benelux scrap to decline less than expected
French and Benelux scrap prices for some grades may decline by €20-30/tonne ($21-32), although steelmakers need to reduce prices by more due to the very poor performance of finished long products markets, Kallanish notes.
According to sources, suppliers in France, Germany and Belgium are refusing drastic price drops and quoting high figures for shredded E40 and E8 new arisings.
Finished products markets continue to be stagnant, hence the need for p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous