01
Oct
11:37
Italian scrap see-saws as uncertainty looms
Scrap prices in Italy are stable compared to last week but some mills are targeting further purchasing price falls, as expected, merchants tell Kallanish.
As demand for material remains low, mills are offering at €220/tonne ($218/t) delivered for grade E8 new arisings of mixed lower quality and €10/t more for the higher grade. Also, some mills are offering at €210-215/t for E40 shredded scrap grades. E40 shredded scrap was sold at €225/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous