13
May
11:34
Italian scrap demand improves despite uncertainty
Some demand has returned to the Italian scrap market after the slow sales of recent weeks amid declining prices in May. Since Turkish values dropped below $500/tonne last week, Italian buyers are anticipating further price declines, Kallanish learns from market participants.
Italy saw a fall of €100/t ($103/t) on average in new May contracts, in line with other European countries, but this drop may deepen to €120-130/t in new contracts in the second hal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous