02
Oct
11:38
Italian scrap prices stagnate on low demand
Italian scrap prices remain stable week-on-week with poor demand which continues to concern most players, Kallanish learns from local merchants.
Mills are not looking for material. All buyers are waiting therefore and the situation is causing stock levels to increase in merchants’ scrap yards. Uncertainty is causing buyers to delay purchases of large tonnages and buy smaller lots of a few hundred tonnes on average for imm…
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Anonymous
Very good overview of the weekly steel market.
Anonymous