26
Jun
11:32
Italian merchant bar prices remain depressed
Italian merchant bar demand has remained weak in June and it is not forecast to pick up next month, Kallanish learns from market sources.
Overcapacity is forcing some steelmakers to implement production stoppages. Some stopped for a week in June, and two more weeks of stoppage are planned for July. Some export to Poland and Eastern European countries is giving Italian mills a degree of support. However, the presence of Spanish material at €20/tonne …
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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