15
Jan
11:43
Italian scrap price fall appears to accelerate
Italian scrap prices are heading towards a steeper fall compared to that indicated by the market last week. Prices appeared to be lowering by €10-15/tonne ($11.4-17.1/t) last week compared to December. However, as spot contracts are agreed, the fall is now increasing to €15-20/t month-on-month depending on grades, Kallanish learns from both steel mill and merchant sources. This is in line with lower Turkish import prices and price unce…
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Anonymous
Very good overview of the weekly steel market.
Anonymous