08
Sep
12:10
Italian scrap pricing flattens, with steel demand doubtful
Italian scrap prices have stopped decreasing in new September contracts and remain stable for the moment. This follows some €10-15/tonne ($10.7-16) price reductions at the beginning of the month, Kallanish learns from market participants.
While scrap prices in Europe are increasing by €15-30/t this month, Italian steelmakers are concerned by the low sales and low consumption of all finished products from flats to longs. At the resumption of market activi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous