30
Jul
11:39
Italian merchant bar remains stable in sluggish market
A process of destocking has been taking place at Italian long product distributors. July was a slow month for domestic sales and August is forecast to be quiet because of the holiday season, with some late transactions possible this week, Kallanish learns from sellers and buyers.
Prices for merchant bar have remained relatively stable, registering some €10/tonne ($11) decline compared to the beginning of July.
Over the past few days purchases only happened b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous