12
Aug
10:49
European tube discount reductions consolidate
The decrease in European discounts for welded tube have consolidated after players registered some recovery in real demand in June and July. August, however, is proving to be a slow month due to the seasonal summer break in many European countries.
While apparent demand for tube remains volatile, a recovery in end-use sectors has been registered by re-rollers and distributors. Some orders from the troubled automotive industry reached southern European re-rollers b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous