03
May
11:55
Italian merchant bar reaches €700
Italian merchant bar mills have increased quotes by €30/tonne ($36). May contracts are rising accordingly as domestic values have gone through the level of €700/t for the first time in years.
Like last month, demand from other countries is filling southern European steelmakers’ order books. This is the result of a rebound in the European economy from the pandemic crisis, but also European customers not buying from Liberty Steel’s Ostrava mill…
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Anonymous
Very good overview of the weekly steel market.
Anonymous