13
Oct
10:33
Stainless scrap shortage, high prices to continue: BIR
Stainless steel mills are expected to have full order books in the fourth quarter, and finished product prices should be on an upward trend. Scrap shortages will persist and result in higher prices, while imports of scrap from the USA to Europe will continue, forecasts Ruggero Ricco, chief executive of Italy’s Nichel Leghe.
The upward trend in stainless scrap prices seen in Europe is largely being driven by the speculative attitude of sellers, as well as by …
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Anonymous
Very good overview of the weekly steel market.
Anonymous