14
Sep
11:37
Italian HRC prices fall again on flat demand
Italian domestic hot rolled coil is falling again this week in a stagnating market, with buyers putting off their purchases and domestic asking prices declining by €20/tonne ($23) on-week.
Market participants tell Kallanish there is no appetite for buying at present. Both re-rollers and service centres are well stocked. The recent congestion at Italian ports was also due to the build-up of several non-EU HRC cargos bought by Italians in recent months. To comp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous