16
Mar
11:32
Some Italian longs mills push up prices
Italian merchant bar prices are seen increasing in the coming days on higher scrap and production costs.
Sections in Italy are also increasing by €30/tonne ($31), in line with the hikes implemented by ArcelorMittal in the first week of March. The company increased offers for commodity-grade products by some €30/t (see Kallanish 7 March).
Pricy scrap, higher financial and transport costs, and the possible non-renewal or reduction of the government energ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous