10
Jun
10:41
Tight margins, reduced capacity utilisation trouble Italian scrap
Italian scrap merchants are working at 50% of their capacity as demand from mills is picking up slowly, merchants tell Kallanish. Prices are high due to difficulty sourcing material, but margins are under serious pressure as scrap sourcing cost is sometimes at the same level as merchants’ selling prices.
This week, mills are continuing to put off purchasing or are implementing spot contracts for very small volumes. This month, scrap selling volumes from…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous