20
Oct
11:15
Italian scrap seen flattening
Italian scrap prices are stable in an uneventful market. While some steelmakers are implementing temporary layoffs this month and not buying scrap, others are buying lower tonnages as the entire sector is slowing production, market participants tell Kallanish.
Nobody expects any price increases in the coming weeks, but November values are seen remaining flat, with a mild decline possible for less demand grades. Scrap collection has reduced, large merchants confirm…
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Anonymous
Very good overview of the weekly steel market.
Anonymous