26
Oct
10:09
Italian scrap prices to hike significantly in November
Italian scrap prices are seen increasing significantly in November, by €30-50/tonne ($34-58) depending on grade. This week, contracts are also increasing compared to the beginning of October, although the market remains quiet and is forecast to resume activity only next week, market participants tell Kallanish.
At present, old thick E3 scrap remains at €330-350/t delivered, depending on quality. E1 was most recently sold at between €290-320/t delive…
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Anonymous
Very good overview of the weekly steel market.
Anonymous