26
Jun
06:25
Italian stainless scrap consumption falls dramatically
Italian stainless steel scrap prices are only slightly increasing month-on-month in new July contracts, with most keeping stable, merchants in the country tell Kallanish.
The entire stainless steel sector is currently going through an unprecedented downturn. Prices for flat products and tubes are falling by as much as €20/tonne ($22/t) per week and a massive destocking is being carried out. All European mills, re-rollers, distributors and merchants are facing…
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Anonymous
Very good overview of the weekly steel market.
Anonymous