28
Nov
12:02
Absence of scrap demand concerns Italian merchants
Scrap demand remains unclear in the Italian domestic market as merchants “… would like to negotiate new December contracts but mills don’t even answer the phone”, a source tells Kallanish. Some merchants have asked for a €5-10/tonne ($5.6-11.2/t) increase but are still awaiting an answer.
The requests for increases are due to the recent hikes in rebar and merchant bar prices in transactions. Furthermore, a major merchant bar maker i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous