03
Dec
10:37
Italian coil prices decline on low demand
Italian hot rolled coil prices are decreasing again following a market standoff where both re-rollers and service centres refused to buy domestically, dragging down producers’ prices, Kallanish notes.
Domestic transaction values have lost the high point of the range of €900-920/tonne ($1,017-1,040/t) base ex-works seen in mid-November and are now hovering at €850-870/t base ex-works on average. Import offers are reported at €820-830/t cfr Ital…
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Anonymous
Very good overview of the weekly steel market.
Anonymous