09
Jun
13:23
Assofermet sees further raw material price declines
The scrap declining trend seen in May is continuing in June, following a significant fall in Italy last month between €100-130/tonne ($107-139/t), says Italian trade association Assofermet in its monthly market note monitored by Kallanish.
The drastic reduction of orders for the finished product has pushed Italian mills to delay and in some cases suspend scrap reception last month. The Russian-Ukrainian conflict and the Chinese pandemic revival continue to ne…
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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