04
Mar
11:07
Italian scrap returns to €370
Italian scrap prices are back at the level of €370/tonne ($445) delivered for high grades. Contracts for delivery in the first half of March are being agreed and mills are restocking on the back of strong demand across long and flat steel markets.
The overall month-on-month increase is €20/tonne ($24) on average, or more depending on how much merchants sold last month, Kallanish learns from market sources. The price of €370/t was last seen when scra…
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Anonymous
Very good overview of the weekly steel market.
Anonymous