19
Oct
10:09
Mild decreases and stability expected for European scrap
European scrap prices are seen fairly stable in November with some mild €5-10/tonne ($5.2-10.5) decreases depending on mill, sources in Western and Southern Europe believe.
While longs and flats mills are suffering due to weak demand, some more niche products and specialty steel mills are registering smaller turnover decreases year-on-year and have some orders. At present, the scrap market is quiet and awaiting guidance, while low collection of E40 is reporte…
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Anonymous
Very good overview of the weekly steel market.
Anonymous