04
Jul
13:07
Italian stainless scrap forecast to fall again
Italian stainless steel scrap prices are forecast to decline this month again by some €300/tonne ($313/t) on average compared to June contracts. Falling nickel values and particularly weak demand for finished products in all European countries are causing uncertainty and descending prices, sources tell Kallanish.
While some Italian mills will not buy scrap in July and August, pushing their purchases to as late as September, the main Italian stainless coil pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous