16
Jul
12:25
Spain’s scrap prices remain stable
The Spanish scrap market is experiencing a summer calm. Most mills are advancing their shutdowns due to a lack of steel demand, sources tell Kallanish.
“There is a little appetite by steelmakers to build scrap inventories ahead of planned stoppages,” a market participant comments. “The low steel consumption from the construction sector looks set to continue in the third quarter. The demand from the automotive sector is also unclear; most compani…
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Anonymous
Very good overview of the weekly steel market.
Anonymous