06
Mar
08:46
Italian stainless scrap lulls, seen hiking amid shortage
Italian stainless steel scrap prices are forecast to increase significantly due to a shortage, but mills are adopting a wait-and-see attitude and there are mixed signals in the European market, sources tell Kallanish.
In other EU countries, some merchants have decreased their prices, causing uncertainty across markets. At the same time, 304 and 316 are extremely hard to find in Italy. One stainless steel mill is receiving vessels of scrap bought some time ago and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous