11
Jun
09:43
Italian coils tumble on low demand
Italian cold rolled coils and hot dipped galvanized coils have tumbled this month after producers had resisted reducing prices in May despite the very low demand, Kallanish learns from market participants.
From the level of €500/t ($569/t) delivered in May, HDG is now at €470/t base delivered on average with very sluggish activity as customers have adopted a wait and see attitude and do not intend to buy for the moment apart from very small volumes. CRC …
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Anonymous
Very good overview of the weekly steel market.
Anonymous