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09 Apr
13:45

Italian stainless scrap rises as demand improves

Italian stainless steel scrap is back in demand, with prices recovering and largest scrap consumer Acciai Speciali Terni said to be ordering a constant flow of material, sellers tell Kallanish. 304 grade stainless steel scrap is being sold at €1,390-1,450/tonne ($1,652-1,724) delivered. Grade 316 remains in short supply and is sold this month at €1,690-1,750/t delivered, sources say. The market was slow to start in April due to the Easter break, but it i…
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