21
Jul
11:35
Italian merchant bar prices keep falling
Uncertainty and declining prices are persisting this week in the Italian merchant bar market, Kallanish learns from market sources.
Prices have been steadily losing €5/tonne ($5.7/t) per week in recent weeks as demand remains low and material is largely available. Prices for the majority of contracts are now at €30/t base ex-works on average. The €40-50/t high point of the range seen at the start of July has been lost. Including an average…
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Anonymous
Very good overview of the weekly steel market.
Anonymous