05
Jul
09:22
Western Europe scrap prices stabilise
Values for French, Belgium and Luxembourg scrap are stable in July, continuing the trend observed in June, Kallanish notes. For certain contracts and grades like E8 and E3, there has been a €5/tonne increase ($5.4), reflecting the gradual increase in prices in Turkey.
Buyers are facing some difficulties in procuring the necessary material. During July and August, mills will be operating at high capacity, but they will reduce their production rate in Sept…
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Anonymous
Very good overview of the weekly steel market.
Anonymous