30
Nov
11:59
Italian stainless scrap values fall again
Prices for stainless scrap in Italy have fallen again for December contracts after having already weakened in November and October, Kallanish hears from sources. This is due to falling nickel and other raw material prices and the downturn in finished stainless steel products' prices seen in Europe.
Grade 304 material has fallen by €40/tonne ($45.4/t) compared to November. From €1,040-1,060/t delivered on average last month,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous