05
Feb
11:09
Italian stainless scrap prices increase
Italian stainless steel scrap prices are increasing in new contracts by over €100/tonne ($119) on average.
Like last month, demand is significantly high from local mills as finished flat products are in short supply and prices are skyrocketing.
At present, 304 grade is sold at €1,380-1,400/t delivered on average, without blend, a less pure quality that is added to 304. Meanwhile, 316 has reached €1,700/t delivered on average, sources tell Kallanish…
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Anonymous
Very good overview of the weekly steel market.
Anonymous