20
Oct
10:07
Italian scrap demand falters on lockdown fears
Italian scrap prices are stable compared to last week after losing €5/tonne ($5.8) month-on-month in October. The market, however, has halted this week due to extremely low demand from mills, Kallanish learns from market sources.
This week merchants are only selling small volumes of between 100 and 200 tonnes. Mills are not requesting material because they are afraid of a new Covid-19 lockdown. One mill says that purchases should resume when they have more in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous