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10 Mar

Italian stainless scrap prices flatten amid shortage

Italian stainless steel scrap prices are mostly flattening on February, while falling in other European countries like Germany and France. The weakness of European scrap this month is in line with low demand for finished long and flat products, sources tell Kallanish. Domestic grade 304 prices are now at €1,570-1,580/tonne ($1,662-1,673) delivered. This range is paid for 304 blended with a less pure grade. 316 grade is in extremely short supply and sold in It…
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Natalia Capra  |  France
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