06
Dec
10:51
Italian mills to stop for 2-3 weeks
Italian mills are slowing scrap procurement in view of the forthcoming Christmas holiday stoppages. Some have completed their scrap purchases for the year and will shut down for between two to three weeks, Kallanish learns from market sources.
“We are talking about rather long stops this year, from 20 December to 10 January 2022 for some longs mills,” a source comments. Domestic demand for longs is subdued and longs sellers would rather implement …
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Anonymous
Very good overview of the weekly steel market.
Anonymous