18
Dec
07:41
Italian scrap prices level out before holiday
Italian scrap prices have flattened out this week after a very sharp increase in December, market sources tell Kallanish.
Demand is now slowly fading as mills will shut down this Friday for the Christmas holiday and will resume production on 7 January.
January prices however are seen resuming the upward trend seen in December as Turkish scrap values continue to rise. Moreover, there is a shortage of scrap supply in Italy as some mills have found themselves with …
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Anonymous
Very good overview of the weekly steel market.
Anonymous