26
Mar
09:50
Italian scrap availability tightens on slowdown
Italian scrap availability is depleting as new scrap is not being generated due to the slowdown in economic activity to fight the outbreak of Coronavirus, merchants and steel producers tell Kallanish.
“There is no market at the moment, and we don’t even discuss prices anymore,” a merchant comments. Until the beginning of this week, however, scrap merchants delivered material to producers who had already idled their plants but were stocking up on …
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Anonymous
Very good overview of the weekly steel market.
Anonymous