30
Jun
12:48
Italian scrap demand improves, some increases expected
Italian scrap is in demand for July delivery. Sellers and mills report shortages and lower scrap collection due to the downturn in the manufacturing industry throughout Europe.
Despite planning longer August stoppages, Italian steelmakers are looking for material. Given the shortages, sources expect some mild increases this month, in the range of €5-10/tonne ($5.5-11), Kallanish learns from market sources.
As values reached unsustainable levels in May, some…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous