15
Nov
11:09
European sections subject to speculation, says Salzgitter
Following high demand for sections in the first half-year, order bookings had markedly decreased by the end of September, Salzgitter observes.
In H1, demand was driven by restocking, but also by speculation about further price hikes. Since late summer, sections mills have had increasing difficulty securing utilisation, Kallanish learns from Salzgitter’s nine-month report. Notably, the company points out that real demand has actually not changed overall.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous