24
Sep
09:48
Italian scrap merchants seek €5 increase
Italian scrap merchants are increasing their offers by €5/tonne ($5.8) for October contracts. Mills are however resisting increases and are putting off decisions until next week, Kallanish learns from market sources.
This week, activity seems slow as buyers are adopting a wait-and-see attitude and are trying to pass on the message of stable month-on-month prices. Local producer Arvedi is expected to go back to purchasing for October after almost two months of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous