20
Apr
11:41
Italian scrap may tick up on strong demand
Italian scrap prices are forecast to tick up in May due to the current strong demand from mills. Last week sellers registered a significant need for material, with requests also increasing for spot contracts. Since Monday this week, however, the market has been quiet, Kallanish learns from sources.
Mills are said to be willing to pay more for the high-quality grades of new arisings E8 and shredded scrap E40, but they are unwilling to raise prices for lower qualiti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous