10
Dec
10:46
Italian HRC prices weaken in market lull
Italian hot rolled coil prices are weakening again in a persisting market lull. Re-rollers and service centres refused to buy domestically and see prices continuing to fall until January, Kallanish hears.
Domestic transaction values have lost the high point of €900/tonne ($1,014) base ex-works at end-November and are now hovering at €840/t base ex-works on average. Achieving the level of €850-860/t base ex-works is a challenge and it is only pa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous