23
Apr
11:23
Italian scrap approaches €400
Italian scrap demand remains tense as mills are in need of material to fulfil their order books. The Italian market is being propelled by a wave of strong demand across all steel products. The latest transactions for new arisings scrap E8 are now nearing the level of €400/tonne ($482) delivered, Kallanish learns from sources.
Some long product mills are reported to have low levels of stock. Steelmakers and distributors are selling mostly thanks to a surge in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous