04
Jul
09:33
Italian scrap prices decline in uncertain market
Italian domestic scrap prices are declining at the start of July due to a general slowdown in finished products’ sales, market participants tell Kallanish.
While prices are losing €5/tonne ($5.6/t) month-on-month for certain higher grades they are remaining substantially stable for the lower qualities. However, not all contracts have been agreed and the market is sluggish because of uncertainty. Merchants are monitoring Turkish prices w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous