29
Oct
02:33
Italian stainless scrap values fall
Italian stainless steel scrap prices are losing €50/tonne ($55/t) in new contracts compared to the beginning of October, merchants tell Kallanish.
This is happening despite high nickel prices and is due to poor demand from mills. As with last month, a similar effect is also being witnessed in other European countries. A low level of orders for finished products is strongly affecting the Italian market and it is forecast to continue through November. Mi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous