12
May
09:37
Short E8 scrap supply pressures Italian rod further
Tight supply of mixed and high-grade new arisings E8 in Italy is causing prices to rapidly increase and disrupting drawing-quality wire rod production.
A similar if not worse situation is being reported in France and Germany, where wire rod producers are looking for E8 to be able to respond to increasing European demand. Short supply of E8 is also pushing prices up throughout Europe, scrap and wire rod sources tell Kallanish.
In Italy, all rod producers stopped …
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Anonymous
Very good overview of the weekly steel market.
Anonymous