11
Jan
09:38
French, Luxembourg scrap prices rise
French and Luxembourg domestic scrap prices are increasing in January contracts by €25-30/tonne ($26-32) month-on-month, depending on the mill and its need for this month. The increases are mostly due to rising international scrap prices and short supply of shredded and chiselled E40 and E1 grades.
E8 new arisings remains in large supply and one of the least fashionable grades with buyers after E1, E3 and E40. Demand is considered to be at average levels…
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Anonymous
Very good overview of the weekly steel market.
Anonymous