05
Apr
11:55
Italian coil sales stagnate
The stagnation continues in Italian coil market activity as both service centres and end users have stopped buying hot rolled coil at the current high prices. A similar situation has been detected in other European markets.
Prices for HRC have stopped increasing and are expected to fall in coming transactions. The situation is worsened by the low order intake from the automotive sector, which continues to underperform in terms of new passenger car registratio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous