30
Oct
11:39
Italian merchant bar stagnates on low demand
Italian merchant bar activity has been quiet in recent days, in line with the market stagnation seen in the second half of October.
After mills’ merchant bar quotes jumped to €100/tonne (€116) at the beginning of October, transactions are now going backwards and hovering at between €60-80/t base ex-works. The current contract price for domestic merchant bar including size extras is at €480-500/t ex-works on average, Kallanish learns from …
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Anonymous
Very good overview of the weekly steel market.
Anonymous