05
Apr
07:47
Italian coil prices stagnate on patchy demand
After having lost €10/tonne ($11.2/t) in the last week of March, Italian coil prices flattened last week in a quiet environment, market participants tell Kallanish.
Due to uncertainty and the downturn in the automotive sector, demand for domestic material remains poor with service centres delaying their purchases due to patchy final demand and a wait-and-see attitude by users. Prices for domestic HRC are at €460-465/t base ex-w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous