08
Dec
11:18
French, Luxembourg scrap prices flatten amid shutdowns
French and Luxembourg domestic scrap prices are flat again in December after the stability seen in November. Some large merchants have lowered their scrap intake, but this is not pressuring availability as mill demand for scrap remains poor due to the European long steel downturn.
Lower sales of merchant bar and wire rod, and poor rebar sales are forcing some mills to shut down production for the month of December. Some will not buy any scrap while others will buy…
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Anonymous
Very good overview of the weekly steel market.
Anonymous