12
May
11:20
European tube discounts continue to reduce
Welded tube prices have recovered almost by over €100/tonne ($114/t) on average in Central and Southern Europe compared to the end of March. This is in line with higher hot rolled coil prices in Europe.
In some countries, such as Italy and France, the level of discount has reduced by as much as 15 points. In the first week of May it had fallen by 10 points. From 45 points for Italy and 44 in France seen in March, discounts were now down to 35-38 points in A…
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Anonymous
Very good overview of the weekly steel market.
Anonymous