28
Feb
15:06
Italian scrap prices to hike
Italian mills are increasing their scrap purchasing prices for March delivery by €20/tonne ($21). New March contracts will be negotiated this week. Mills are now looking for material in Italy and other European countries, market participants say.
If the €20/t hike translates to transactions, demolition E3 and E1, which continue to be popular, will reach €390-395/t and €370-380/t delivered respectively. New arisings E8 should reach €400/t a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous