18
Jul
12:38
EU tube prices bottom as producers reduce output
European welded tube prices are set to increase as re-rollers begin to reduce discounts and output, distributors and re-rollers tell Kallanish.
Producers forecast an improved apparent demand after noticing some increased buying from distributors this month to replenish stocks. Although general market activity remains sluggish amid fears of economic recession, some improved demand is seen persisting this month.
Tube prices are seen close to bottoming. Producers be…
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Anonymous
Very good overview of the weekly steel market.
Anonymous