20
Mar
12:10
CMC Poland shipments surge despite import pressure
CMC Poland’s margins remain under pressure as a result of elevated import levels into Europe, says US parent CMC. The overhang of steel imports is easing but remains a headwind.
Nevertheless, the Polish mill’s shipments grew 25% on-year in the second fiscal quarter through February to 380,000 short tons. This was driven by a 120% surge in rebar deliveries to 145,000st thanks to strong demand from the Polish construction sector, CMC observes in a report…
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Anonymous
Very good overview of the weekly steel market.
Anonymous