14
Feb
11:23
Italian scrap market quietens on uncertainty
Following the €10/tonne ($11.2/t) month-on-month increase seen over the past two weeks, Italian scrap sales are slowing down sharply. Maintaining the increases in spot contracts has become increasingly difficult, Kallanish learns from merchants.
This week domestic demand has fallen due to uncertainty and mills are oredering less material or holding off from buying whilst adopting a wait-and-see attitude.
The price for new arisings grade E8 has reach…
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Anonymous
Very good overview of the weekly steel market.
Anonymous