08
Jul
12:34
Italian coil demand remains high despite pessimism
Italian demand for coil, particularly from service centres, remains slow this week as fears of a price reversal trend are spreading due to lower import offers.
Despite sellers reporting slow domestic demand for all flat and long steel products, the large service centres are increasing their year-on-year sales volumes by 10-20%, with margins still high.
The market is said to be complicated because the current high prices are causing some end-use sector to become …
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Anonymous
Very good overview of the weekly steel market.
Anonymous