15
Oct
14:21
Coil blues continue in Italy amid falling prices
Stagnating hot rolled coil activity is continuing in Italy as even the lower-priced offers have produced very few sales, Kallanish notes.
Service centres and re-rollers keep putting off their purchases while negotiating for imported material. The few recent sales have been implemented at €860-900/tonne ($998-900) base ex-works on average for service centre-quality material. The high point of the range is paid for very low tonnages and quick delivery. However,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous