18
Nov
09:41
Lower scrap availability to support prices: Assofermet
After a good start to November amid increasing domestic scrap prices and demand, the Italian market is seeing deliveries slowing, with steelmakers thinking about reducing prices for the weeks to come.
Considering that scrap availability is about 50% lower compared to previous years, a significant price reduction is unlikely, even in the case of demand contraction, says Italian steel trade association Assofermet in its market note monitored by Kallanish.
Th…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous