30
Jun
11:23
Italian longs market enters standoff
Italian distributors of long products are reporting significantly reduced activity. Buyers are said to have cut their purchases because of continuous steep price increases, particularly in longs, which have slowed end-user activity.
Despite the sluggish market, all distributors have already reached their financial targets and will achieve record earnings this year. After very strong activity in May, German demand for imported long products is now slowing down as l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous