13
Oct
10:35
Italian scrap falls on volatile demand
Italian scrap prices are losing €5/tonne ($5.8) month-on-month after initial stability. For the second half of October mills intend to consolidate the €5/t fall, Kallanish learns from market sources.
While large coil producer Arvedi is still not working at full capacity and not in need of scrap, demand from other producers is volatile and for lower tonnages. Italian long product prices are increasing, but domestic sales volumes are weak for certain produ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous