28
Feb
12:35
French, Luxembourg scrap prices seen declining
French and Luxembourg scrap prices are seen declining next month, by between €10-20/tonne ($10.8-21.6). However, some less demanded grades, in abundant supply, may decline by more, Kallanish hears from market sources.
Small merchants are offering material but it is not needed by mills. Finished long and flat products sales are weak amid a stagnating private construction sector and subdued economic growth. No production stoppages are currently planned but sour…
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Anonymous
Very good overview of the weekly steel market.
Anonymous