27
Sep
11:31
Italian scrap demand resumes as mills restart producing
Italian scrap demand is returning to the market this week at mostly flat prices. Local long and flat products mills that were idled last week have now resumed production, encouraged by the government's financial support for high energy costs, Kallanish notes.
Some producers intend to decrease their scrap values by €20/tonne ($19.2) compared to contracts implemented at the beginning of the month. Visibility however remains low and buyers are looking at the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous