13
Jun
11:56
Weak sales, declining scrap seen slashing Italian billet
Italian domestic billet prices remain stable month-on-month but export volumes to other Mediterranean countries are still low. Italian suppliers’ asking prices are considered too high, market participants tell Kallanish.
Domestic billet prices remain at €390/t ($440) ex-works or slightly less depending on tonnages. Export offers, however, are at €400/t fob and above, but no transactions have been made at these levels. Traders consider that a pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous