14
Oct
11:11
CMC Poland shipments fall amid slowing industrial activity
As a result of the ongoing energy crisis, industrial activity in Central Europe is now contracting, thereby impacting demand for merchant bar and some wire rod products, says CMC. Turnaround in this activity likely depends on the success of the EU’s efforts to lower energy prices from their current historically high levels.
CMC Poland saw steel shipments fall 7% on-year in the fourth fiscal quarter through August to 428,000 short tons. Although rebar rose sl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous