28
Apr
11:53
Italian merchant bar prices decline on slow market
Italian long steel activity remains subdued, with sales volumes low and prices declining for merchant bar. Sellers say the product is facing a structural decline in consumption in all Western and southern European countries, Kallanish notes.
Particularly low trade volumes were reported in April, with buyers only purchasing back-to-back and forecasting more price declines in the coming days. Small merchant bar volumes are fetching €480/tonne ($527) base ex-wor…
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