20
May
10:48
Italian billet market quietens on no export demand
Italian domestic billet prices are weak as the market is slowly picking up after a two-month hiatus in production, buyers tell Kallanish.
While asking prices start at €350/tonne ($383/t) base ex-works, transactions in the first half of May have hovered at €340-350/t ex-works. The market remains confusing with low visibility. While some sources predict an imminent hike in prices, other believe that they will remain low this month. Demand for the finished …
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Anonymous
Very good overview of the weekly steel market.
Anonymous