24
Apr
11:53
Material shortage may push up Italian scrap prices
The Italian scrap sector remains flat due to the current wave of statutory holidays in the country. Some market sources feel however that a post-holiday uptick for both demand and prices may well be on the cards.
As most steel mills are closed or not producing in Italy due to the holiday, scrap stocks at the main mills are becoming very low. “The flows of scrap from the South are blocked at the moment because of the holiday. Some scrap pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous