19
Dec
09:05
Italian stainless scrap market quietens on low prices
Italian stainless scrap prices are losing €20/tonne ($22.8/t) in new January contracts compared to December due to the weakening in nickel prices. This applies primarily to the more common grade 304.
This month however two of the merchants contacted by Kallanish have decided not to sell grade 304 for the prices that mills are willing to pay. This is because they are not able to buy 304 and maintain adequate margins at the current low prices, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous