15
Jan
10:23
Italian scrap seen falling after Turkish downturn
Italian ferrous scrap prices are set to fall after the sharp January increases of €100/tonne ($121), market participants tell Kallanish. The fall is also expected to happen in other European countries.
Mills are not in a purchasing mood anymore, and are beginning to pass the message of a €5-10/t decrease to scrap merchants. This is in line with the latest Turkish scrap fall and the difficulties mills are encountering in selling long products (see Kallani…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous