08
Jul
09:40
Italian mills prepare August shutdown on overcapacity
Italian mills are preparing to shut down in August despite the need to work to compensate for the fall in volumes and turnover during the Covid-19 lockdown.
Demand, particularly for long products, is too low to allow steelmakers to keep producing in August, the month when the entire sector traditionally shuts down for the summer holiday. Overcapacity is currently affecting sales as material is largely available and delivery times from mills remain short, Kallanish…
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Anonymous
Very good overview of the weekly steel market.
Anonymous