23
Nov
10:58
Italian coil distributors' steelyard blues continue
Weakness is persisting in the Italian coil market despite the fact that local producer Ilva is said to be increasing its prices. Cold rolled coil, for which prices are declining significantly, is under the most pressure while hot dipped galvanized is also depressed due to the turndown in domestic automotive production, market sources tell Kallanish.
Orders from service centres are still stagnating due to the level of market uncertainty. When these are passed on …
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Anonymous
Very good overview of the weekly steel market.
Anonymous