27
Apr
11:19
Italian ferrous scrap prices see some recovery
After a confusing month of April in terms of declining prices and poor demand, Italian ferrous scrap prices are now rising as steelmakers are slowly resuming production, Kallanish notes.
The few producers who were working in April purchased scrap at €30-40/tonne ($32.6-43.4/t) less compared to that in March. As more producers resume work, scrap availability is poor and there have been very few scrap imports from Germany, Austria and France in April. Larger m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous