14
Mar
11:48
Italian merchant bar prices stagnate on overcapacity
Activity in the Italian long products market is flat and prices are struggling to increase due to overcapacity and poor end-user demand. This is particularly true for merchant bar.
Market participants tell Kallanish that domestic merchant bar producers are implementing halts in production to reduce output as their stocks are high and demand is extremely low.
After several attempts to increase merchant bar prices, these remain at an av…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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