18
Jan
11:18
Italian merchant bar, sections increase but downturn looms
Italian merchant bar prices have been pushed up again this week to the level of €280/tonne ($338) base ex-works, market participants tell Kallanish.
Demand however seems to be reaching a dead-end as the prospect of falling scrap prices seems to be increasing. As a consequence, large distributors and purchasing groups have now decided to adopt a wait-and-see attitude.
Transaction values for merchant bar have gained €100/t ($120) since the beginning of J…
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Anonymous
Very good overview of the weekly steel market.
Anonymous