11
Mar
11:40
Italian stainless scrap prices rise less than hoped
Italian stainless steel scrap prices are increasing only slightly this month. Margins are particularly tight or non-existent sometimes as purchasing 304 and 316 is expensive, sources tell Kallanish.
Some orders have returned to the stainless flat products market, although final consumption for both longs and flats remains subdued. Italian contracts for domestic 304 are hovering at €1,430-1,450/tonne ($1,564-1,586) delivered, while merchants are being asked to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous