28
Jan
11:38
Italian scrap to fall €40
Italian scrap is set to lose €40/tonne ($48) for new February contracts. Sales activity has slowed, with mills still receiving material ordered in January. Price development will become clearer in the middle of next week when contracts will be agreed for the first half of February, market participants tell Kallanish.
A few contracts have reported a fall of €20/t compared to the beginning of January, but only for new arisings E8 and shredded scrap E40. E8…
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Anonymous
Very good overview of the weekly steel market.
Anonymous