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Steel Scrap In South Asia Under Pressure: India, Pakistan And Bangladesh Slow Purchases With Weak Steel Demand
The imported steel scrap market in South Asia went through a week of reduced activity, with cautious buyers, offers under pressure and few signs of a recovery in demand. In the week ended Friday June 12, India continued to show limited interest in imported scrap,...
Manganese Flake Rising: Elevated Costs, Output Cuts And Freight Support Prices Despite Weak Demand
The manganese flake market showed a slight recovery in the week ended Friday June 12, with prices rising both in China and Europe. The movement came in a context that was far from bright on the demand side: end-users remain cautious, steel mills maintain sufficient...
Italian Scrap Market Enters A More Fragile Phase: First Downward Pressure On Prices
The Italian scrap market, which in the first weeks of June had shown a substantially balanced picture, is beginning to show the first signs of weakening. It is not yet a marked correction nor a sudden reversal, but the climate of stability that had accompanied the...
European Heavy Plate Under Pressure: Weak Demand, Sufficient Stocks And Falling Prices
The European heavy steel plate market recorded another weakening in the week ended Thursday June 11, penalized by weak demand, sufficient stocks and a wait-and-see climate that continues to slow purchasing decisions. Operators report a market with little dynamism, in...