18
Jul
10:14
Low demand blights Italian coil, prices to rise
Italian coil prices remain stable on-week as the market is extremely quiet and buyers keep putting off purchases due to low demand from end-users, Kallanish learns from market sources.
Service centres keep purchasing small tonnages due to market uncertainty. However, next week producers are expected to push prices up by €20/tonne ($23.2/t) for September delivery as they had been waiting for the EU safeguard announcement that was issued on Wednesday. This sh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous