19
Nov
13:47
Italian coil market stagnates
The Italian coil market remains stagnant with re-rollers and service centres continuing their destocking process and refusing to buy due to the current global market uncertainty, Kallanish notes.
Hot rolled coil prices remain at between €860-920/tonne ($971-1,038) base ex-works for spot contracts of domestic material, but the high point of the range is only achieved for very low volumes. Welded tube discounts continue to increase in Italy, like in other Europ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous