27
Apr
11:11
Italian scrap prices seen falling
After going quiet last week, the Italian scrap market seems ready for a price decline of €20-30/tonne ($22-33) in May. Several mills are implementing production stoppages or producing less until 2 May, after the holiday, to balance demand and supply.
Demand for scrap is said to be “stuck”, as April has been a very difficult month for all finished product sales. Sellers are reporting low volumes for both long products and coils, Kallanish hears.
T…
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