15
Mar
15:54
Automotive sector slowdown dampens northern Europe coil prices
While flat product prices have risen significantly in most markets east of Europe, attempts by EU mills to increase prices have been largely unsuccessful. Several weeks after two separate announcements of €30/tonne ($34/t) price hikes, it has become clear that both have failed to take. Steel prices in Europe are lacking drive, and, ironically, it is the automotive industry that is to blame, sources suggest to Kallanish.
One Dutch manager summarises the…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous