06
Aug
10:48
Italian stainless scrap hikes but demand low
Italian stainless steel scrap prices are increasing by €20/tonne ($23/t) on average month-on-month in new contracts, merchants in the country tell Kallanish. This is due to costlier raw materials, particularly nickel.
Demand remains at minimum levels, in line with the downturn of the entire stainless steel sector in Europe, which has been strongly impacted by the global Covid-19 pandemic. Before the lockdown, the sector was already going through a period of l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous