05
Nov
11:38
Italian stainless scrap demand resumes
Italian stainless steel scrap prices are increasing in new contracts by €50/tonne ($59) compared to October on costlier nickel. The increase is higher than expected.
For the first time after a long period of low volumes and margins, demand is significantly increasing from local mills that are demanding material at almost pre-Covid-19 crisis levels.
The country has experienced short supply due to Acciai Speciali Terni’s limited production and the pande…
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Anonymous
Very good overview of the weekly steel market.
Anonymous