07
Nov
13:55
Italian coil market pauses amid mill hikes
Italian coil prices are stable versus October but this week is being seen as transitional following EU producers’ hike attempts.
While buyers are adopting a wait-and-see attitude, steelmakers report lower allocations to their customers for January delivery due to production cuts. The few contracts that were concluded over the past days are for delivery by the end of the year, Kallanish learns from market participants.
Buyers are waiting to see the outcome o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous