03
Aug
11:23
Italian/French stainless scrap prices to fall post-holidays
The stainless scrap market in Italy and France is quiet as both mills and merchants are implementing summer stoppages. Prices also remain stable month-on-month as August sales activity slowly comes to a halt, Kallanish notes.
However, contract prices for the end of August and beginning of September delivery are seen decreasing by €50/tonne ($57.8/t) on average due to lower nickel prices. When purchasing for September, merchants have already managed to pass …
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Anonymous
Very good overview of the weekly steel market.
Anonymous