07
Sep
12:39
Italian HRC falls but end-use demand remains strong
Italian hot rolled coil prices are falling compared to the beginning of August by €50/tonne ($59) on average, market participants tell Kallanish. Prices had peaked in July.
Due to low-priced import offers from the CIS region and India, service centres are adopting a wait-and-see attitude. Producers, despite having to accept lower transaction values, remain optimistic about activity, have full order books, and are defending their current asking levels as deman…
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Anonymous
Very good overview of the weekly steel market.
Anonymous