17
Nov
09:54
Italian scrap demand lowers after strong November start
Italian scrap demand is going quiet this week after a very dynamic first half of the month when prices increased by €10-20/tonne ($10.3-20.7) compared to October.
Domestic scrap sales tonnages have been high so far, as large steelmakers procured material to replenish their stocks for the end of the year. In December, however, they are mulling long production stoppages to balance demand and supply. While some are thinking of idling production for four wee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous