25
May
13:04
Italian merchant bar increases again
Italian merchant bar values are increasing again this week, by €30/tonne on-week, after all domestic long product mills issued in mid-May hikes of €100/t ($122), sources tell Kallanish.
Asking prices are now at €420-430/t base ex-works. Starting next week, another increase will bring values to €470/t base ex-works for June, in line with June’s hiking domestic scrap values.
Including size extras, contracts for merchant bar are now, for th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous