06
May
11:16
Italian mills try to lower scrap prices
The Italian scrap market is now resuming activity after a week of torpor due to a series of public holidays. For the moment, however, demand is at its lowest levels as mills are beginning to negotiate with merchants for a possible €5/tonne ($5.5/t) month-on-month decrease, market participants tell Kallanish.
However, the sources interviewed expect prices to remain mostly stable this month. “Mills’ scrap yards are considerably low after the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous