18
Jun
11:33
European stainless prices suffer from massive destocking
The European tube and flat stainless steel market is not forecast to pick up before September, mills, service centres and re-rollers tell Kallanish.
The market for stainless flat and tube products is feeling the consequence of the global health crisis and the weak performance of some end-use sectors such as the automotive industry. Some re-rollers in Europe have their production line dedicated to the automotive sector idled due to the very poor demand.
A rebalanc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous