28
Sep
09:11
Spain’s July scrap consumption tumbles to six-month low
The Spanish steel sector saw scrap melting and production decrease on-month in July, Kallanish notes. Both activities also remained weaker than the same month a year ago.
Spain’s ferrous scrap consumption fell by 24.4% or 189,000 tonnes on-month in July to 587,000t. This was also a drop of 14% on-year. According to Spanish steelmakers' association Unesid, July’s volume was the lowest so far this year.
Seven-month scrap usage was 5.55 million tonne…
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Anonymous
Very good overview of the weekly steel market.
Anonymous