10
Nov
11:27
Italian scrap prices seesaw
The Italian scrap market has been sluggish so far in November despite mills resuming purchases after a very calm October. The November month-on-month price fall is stabilising at €5/tonne ($5.8).
However, shredded quality (E40) contracts have increased €5/t on last week due to the short supply for this grade. One large E40 producer is cutting production as a Covid-19 consequence, as the Italian lockdown is having an impact on end-of-life vehicles dismant…
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Anonymous
Very good overview of the weekly steel market.
Anonymous