29
Oct
10:05
Uncertainty hampers Italian scrap sales
Italian scrap prices are seen stable in the first half of November and possibly ticking up in the second half, Kallanish learns from market sources.
However, the market is currently stagnating in terms of prices and sales activity. Mills are not purchasing material due to new lockdown fears. “There is no market,” a large merchant comments. “We had a very good month of September but low volumes in October. Some mills’ scrapyards are low but …
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Anonymous
Very good overview of the weekly steel market.
Anonymous