08
Oct
10:43
Italian coil sentiment shifts, prices could turn up
A wind of optimism and change is blowing on the stagnating Italian coil market. General sentiment at the Made in Steel tradeshow in Milan, attended by Kallanish, was positive and the downtrend in hot rolled coil pricing is seen coming to an end.
However, the question mark of low orders from the automotive sector continues to spread uncertainty. Buyers do not believe that HRC and hot-dipped galvanised coil prices will increase significantly in the fourth quarter. H…
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Anonymous
Very good overview of the weekly steel market.
Anonymous