20
Apr
10:47
French scrap prices seen dropping
French scrap prices are seen declining in May’s new contracts by €30-40/tonne ($32-43/t). Similar expectations are forecast in other European countries such as Germany and Italy where values are also seen significantly falling month-on-month, in line with the current international negative sentiment.
The market is particularly quiet now as both merchants and mills are looking abroad for some price visibility. Availability of automotive grades has improv…
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Anonymous
Very good overview of the weekly steel market.
Anonymous