22
Apr
10:49
Market foresees Italian HRC prices declining strongly
Italian hot rolled coil volumes have reduced dramatically in recent weeks and prices are forecast to fall significantly after the lockdown is lifted on 3 May, market participants tell Kallanish.
Service centres say that orders are extremely low. Coil buyers are not allowed to receive material due to the country’s coronavirus restrictions. Service centres do not expect an influx of orders however after the lockdown is lifted because consumption has collapsed …
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Anonymous
Very good overview of the weekly steel market.
Anonymous