07
Jul
11:15
Italian coil demand weakens again
Italian domestic hot rolled coil demand has weakened in recent days after a good start to the month when higher consumption made price increases possible. Low demand and uncertainty are now back hampering sales, which have declined.
Contract prices for HRC have increased by €20/tonne ($22/t) compared to June, in line with increasing producers’ prices. Mills have almost filled July order books and have already filled August, Kallanish learns from market …
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Anonymous
Very good overview of the weekly steel market.
Anonymous