16
Jul
14:20
Italian scrap prices continue to decline
Italian scrap prices are correcting again by €10/tonne ($10.9) on-week. For certain grades, values have experienced a significant decrease, of up to €30/t compared to June, Kallanish notes.
One source says it seems large merchants have chosen not to offer any discounts this month and have retained material. The current reduced values primarily stem from agreements with smaller local merchants. Several mills have met their limited scrap require…
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Anonymous
Very good overview of the weekly steel market.
Anonymous