02
Oct
10:40
Italian scrap prices flatten in October
Italian scrap prices are set to remain stable month-on-month in new October contracts as mills are refusing to pay the €5/tonne ($5.8) increase asked for by merchants, Kallanish learns from market sources.
Sales volumes remain weak as some mills are buying less this month due to poor sales of their finished products. Coil producer Arvedi is not working at full capacity but is ramping up production at its revamped EAF at its Cremona works (see separate article…
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Anonymous
Very good overview of the weekly steel market.
Anonymous