28
Apr
11:19
French stainless scrap prices weaken
Stainless steel scrap prices in France are falling month-on-month by €60/tonne ($65) on average. This is due to fluctuating raw material prices such as molybdenum and nickel, and the increasing downturn in finished flat and long products markets in all European countries.
Like last month, scrap supply shortages are being reported as sellers struggle to find material locally. French mills are ordering lower volumes this month and merchants’ margins for 3…
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Anonymous
Very good overview of the weekly steel market.
Anonymous