25
Sep
09:46
Italian stainless scrap to fall on low demand
Italian stainless steel scrap prices are forecast to lower by €50/tonne ($55/t) in new contracts, merchants tell Kallanish.
This is happening despite the continuing increase in nickel prices and is largely due to poor demand for the material from mills. The European stainless steel market is going through a period of low sales, low orders and uncertainty which had forced some major European mills to implement production cuts this summer. In Italy Accia…
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Anonymous
Very good overview of the weekly steel market.
Anonymous