06
Jul
12:42
Italian HRC producers struggle to push up values
Italian hot rolled coil producers are pushing up values to €700/tonne ($762) base ex-works amid uncertainty and weak sales volumes to both re-rollers and service centres. Demand continues to drag and costs are climbing, Kallanish notes.
One local steelmaker is trying to increase prices gradually, by €10-15/t per week. The idea is to get rid of the low point of the range at €640-650/t and make larger-volume buyers pay €700/t. Each step of price …
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Anonymous
Very good overview of the weekly steel market.
Anonymous