26
Jul
10:26
Italian scrap flattens on good demand, low collection
Italian scrap prices are seen remaining stable in August. Mills are preparing for maintenance stoppages but scrap requirements differ from mill to mill. Many producers will idle or in some cases have already idled their mills.
Some steelmakers are however looking for scrap and will not suspend scrap procurement in August apart from bank holidays and weekends. On average, Italian steelmakers are said not to have high scrap stocks and need to procure material on the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous