22
Jul
11:59
Italian scrap remains stable in stagnating market
Italian scrap prices are largely stable on last week despite some contracts being signed at €10/tonne ($11/t) higher. This hike, however, only concerns certain bookings of high-quality scrap, market participants tell Kallanish.
Demand remains subdued this week as mills are not booking material for August delivery. “There are no new contracts signed yet, demand is extremely low and we only have one week left before most mills will shut down for the summe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous