25
Feb
12:09
Italian scrap prices to stabilise in March
Italian scrap values are foreseen as remaining stable in March contracts. Despite requests from merchants that prices be increased month-on-month by €10/tonne ($11/t), mills have decided that this will not be implemented, Kallanish notes.
Local mills have confirmed February prices and while negotiations are ongoing, domestic scrap values remain stable versus those of last week. Domestic long products’ sales continue to be weak in a low-price environment…
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Anonymous
Very good overview of the weekly steel market.
Anonymous