07
Oct
08:56
French scrap prices mostly remain stable
French and Luxembourg domestic scrap prices are remaining mostly stable in October in a month-on-month comparison, with a €10/tonne ($9.8) increase reported for old scrap.
Uncertainty and high costs continue to loom over this month’s production plans. Due to the continued downturn in flat and long product sales, producers will reduce output in October to balance demand and supply. Production plans, however, are decided each week depending on energy cost…
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Anonymous
Very good overview of the weekly steel market.
Anonymous