19
Mar
11:57
Italian billet prices to hike on no output
Italian domestic billet prices are seen rising as all producers are halting their production, buyers tell Kallanish.
Asking values start at €360/tonne ($386/t) base ex-works, in line with last week’s transactions. However, producers are expected to push up their prices when market activity resumes because there is no material available.
However, Italian billet prices for the export market are falling. Buyers in North Africa say they are getting offers …
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Anonymous
Very good overview of the weekly steel market.
Anonymous