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11 Apr
16:24

Bowim warns of escalating trade tensions, hikes sales

Bowim says an escalation in US-China trade tensions could lead to US-bound steel exports being diverted to Europe, thereby exerting pressure on Polish steel prices. The Polish distributor increased external sales 15% on-year in 2017 to 453,455 tonnes, with rebar taking an increased share in sales, while the share of flat products declined. Flats sales still rose 2% to 151,654t, but pipe and sections, and rebar shipments rose much faster, by 15% and 43% resp…
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