30
Jun
08:34
Italian scrap undercuts €300, mills change buying habits
Italian scrap prices are continuing to fall amid a downturn that involves both scrap and finished long and flat products, market participants tell Kallanish.
All longs mills are preparing for longer summer production stoppages; some will start in July and resume production at the end of August. For July, they are asking for low volumes of scrap in weekly contracts. Prices have been announced below the level of €300/tonne ($313/t) for all grades. Merchants are…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous