15
Feb
12:35
Italian scrap prices flatten
Italian mills are not paying the scrap price increases demanded by sellers despite the current material shortage throughout Europe. Domestic values remain stable compared to last week after climbing at the end of January, Kallanish notes.
Due to short supply, however, merchants are paying the increases to their suppliers and lamenting a significant margin squeeze.
Some long products are registering decent end-use demand but certain products are suffering fro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous