04
Jun
11:47
Further steep scrap hikes loom in Europe
The European scrap market is again in the grip of confusion amid increasing prices due to a serious shortage of new arisings E8 and shredded E40 grades, sources in the market tell Kallanish.
Last Friday some Italian scrap companies resorted to halting sales amid increases from their own suppliers, and are adopting a wait-and-see attitude. Prices in the country are expected to hike again this week after the initial 20/tonne month-on-month rise seen in contracts for…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous