Italy: Steel scrap market report, July 2013 According to the - TopicsExpress

Italy: Steel scrap market report, July 2013 According to the last report of the China Iron and Steel Association (CISA), Chinese steel makers are dealing with important oversupply problems. Weak economic recovery, low demand, high prices for the raw materials and high steel output have caused also in China, the world’s biggest producer, an oversupply of steel products and heavy cuts in the steelmakers profit. In Italy, June will be remembered as one of the most difficult months of these past few years with weak mills production, low scrap demand and the ILVA/Riva concerns. recyclingportal.eu/topartikel/30883.shtml

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