11
Aug
13:05
Italian scrap import contracts to lower again
Italian scrap import contracts should decrease this month by some €15/tonne ($16) on average, sources in the sector tell Kallanish. Mills are negotiating with French, German and Eastern European suppliers but the outcome remains uncertain.
Buyers are pushing for strong decreases of between €15-30/t depending on grade. Suppliers are decidedly refusing to cut prices significantly due to the low supply of E8 new arisings and E40 shredded, as well as high tr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous