12
Nov
10:01
Italian scrap prices rise, more increases expected
Italian scrap prices are rising again. Following an initial increase of €5/tonne ($5.5/t) in November, prices are now gaining €20/t month-on-month and a further increase of €10/t is expected for the last half of November, industry sources tell Kallanish.
Demand for material is now very high when compared to the weak October market as mills are accepting increases in line with the rise in Turkish scrap prices. Local mills also need to replenis…
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Anonymous
Very good overview of the weekly steel market.
Anonymous