18
Jun
11:10
Italian coil market loses momentum
Both demand and prices for hot rolled coil in Italy remain uncertain as orders from service centres are at a minimum and prices are stagnating, HRC buyers and sellers tell Kallanish.
The recent price increases implemented in Europe resulted in domestic transactions gaining €20/tonne ($22.3/t) on average at the end of May. However, transaction prices have flattened and there is fear that they may even fall, given the poor demand…
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Anonymous
Very good overview of the weekly steel market.
Anonymous