01
Jul
11:34
Italian scrap may decline further
Italian domestic scrap prices are expected to fall again in July after declining in June. This is in line with the general weakness in the domestic long products markets and sluggish Turkish scrap prices, participants tell Kallanish.
Mills’ bids for scrap are lower due to recent stoppages implemented in order to reduce some overcapacity of longs, such as merchant bar. Mills are set to reduce their purchasing prices by €5-10/tonne ($5.6-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous