10
Feb
12:46
Italian scrap prices flatten with some increases
Italian scrap contracts for February delivery are mostly stable month-on-month. Some sellers however are reporting mild increases of €5-10/tonne ($5.3-10.7) for demanded grades such as chiselled E1 and demolition E3, Kallanish notes.
Despite the market being slow since the earthquake in Turkey, demand is resurfacing. Some mills in Italy are taking advantage of the weak market to implement revamping works, while one mill decided not to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous