28
Apr
12:37
Italian HRC sales drag on poor downstream consumption
The Italian hot rolled coil market continues to be weak and caught between the high prices of European producers and the weak sales of coil downstream.
Despite the slow demand, steelmakers are quoting lead times of between July and September due to a shortage of material caused by reduced production at Acciaierie d’Italia, ArcelorMittal in France and Spain, and Tata Steel in the Netherlands. Buyers in Italy remain on the fence and, apart from back-to-back pu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous