16
Oct
10:05
Italian merchant bar activity becalms
Italian merchant bar activity has become quiet after prices jumped suddenly ten days ago.
Transaction prices are now hovering at between €60-80/tonne base ex-works and local producers are asking for €80-90/t base ex-works, Kallanish learns from market participants.
The current contract price for domestic merchant bar including size extras is at €480-500/t ($563-587) ex-works. Despite the quiet market, demand is forecast to recover. While activity l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous