26
Mar
12:15
Hunt for Italian HDG causes more price increases
Cold rolled and hot-dip galvanised coil contracts are increasing by a further €30/tonne ($35) on average on-week, due to continued supply shortages, particularly for galv.
Producers are opening and closing sales quickly, allocating a limited amount of material as short supply and strong demand are lengthening deliveries. Many are currently not quoting. Import offers are uncompetitive and buyers mistrust long-lead-time HDG imports from Asian countries, also on…
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Anonymous
Very good overview of the weekly steel market.
Anonymous