10
May
10:15
Low demand and imports hit Italian longs
Italian wire rod prices are weakening by €5-10/tonne ($5.6-11.2/t) compared to April, Kallanish learns from market sources.
Prices are now at €500/t ex-works on average for the basic quality material. This is a consequence of low demand for all finished domestic long products. “The market is extremely quiet this week and there are very few transactions. Moreover, the news that domestic scrap has also weaken…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous