22
Mar
11:02
Italian scrap market quiet as uncertainty continues
The Italian scrap market remains in a lull this week. Mills’ resistance to purchasing large volumes and granting price increases continues.
A vessel of pig iron has reached the Italian port of Marghera, the main steel hub in the country. This is giving producers some respite in raw material procurement. Some say they are not in a rush to buy scrap as they are reducing output to save energy costs.
Sources tell Kallanish that mills have this month requested l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous