08
Feb
11:25
Italian scrap price rises again
Following an increase in Italian scrap prices by €5/tonne ($5.6/t) month-on-month last week for certain grades, they are now increasing by a further €5/t. The m-o-m hike has now become €10/t, Kallanish learns from merchants.
Contracts are in the process of being agreed and the majority of volumes will be sold next week. However, whereas mills’ purchases were influenced by market uncertainty last week, they are now ac…
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Anonymous
Very good overview of the weekly steel market.
Anonymous