28
Sep
12:27
Italian coil demand continues to stagnate
The wait-and-see attitude continues this week in the Italian hot rolled coil market. Demand last week was extremely poor, and low appetite for buying is producing no sales so far this week.
HRC domestic asking levels are reported to have fallen below the level of €1,000/tonne ($1,167) base ex-works, to between €930-950/t base ex-works, Kallanish notes. The domestic market continues to stagnate as buyers wait for 1 October, the date when EU quotas ar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous