22
May
11:15
Italian scrap market slows on production cuts: Assofermet
Italian steel trade association Assofermet sees disrupted scrap flow as mills are suspending procurement due to production cuts and maintenance work this month in an effort to balance demand and supply.
“The sentiment for these days of May is uncertain due to the production reduction programmes, particularly of rebar producers who are reporting poor order books … Despite the level of stock at distributors being low, there is concern regarding the pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous