04
Sep
09:22
Italian merchant bar makers seek increases
Italian merchant bar producers are increasing their base prices by €20/tonne ($23.6) for new September contracts on costlier scrap. This is also an attempt to stop the price fall seen in recent weeks, Kallanish learns from agents and distributors.
Prices continued to decline in July before the summer closures of last month, and sales volumes have been poor in the third quarter. Values have also been dragged down by competition from cheaper Span…
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Anonymous
Very good overview of the weekly steel market.
Anonymous