14
Dec
10:56
Italian stainless scrap flattens amid reduced demand, supply
Italian stainless steel scrap prices are flattening on-month. Sellers report reduced demand from both long and flat steelmakers, as well as continued short supply, sources tell Kallanish.
Stainless longs producers in Italy are not buying this month as they will implement extended production stoppages in December. The outlook for longs demand remains negative for the first quarter next year, and scrap requirement is forecast to continue to reduce. Flats producers a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous