20
May
10:12
Italian scrap prices continue upward trend
The Italian scrap price rally is continuing, with values increasing again in line with the €100/tonne ($122) hike implemented by producers last week for all long products.
Compared to the beginning of the month, scrap sellers have achieved a €50/t hike, particularly for the high grades of new arisings E8 and shredded E40, currently seeing short supply and strong demand.
All contracts are being renewed with strong increases as mills are in nee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous