30
Nov
12:36
Italian plate prices seen decreasing
Italian plate prices are forecast to decrease, possibly by €20/tonne ($22) in the next ten days. Demand remains average. After stocking up in October and the beginning of November, large service centres and distributors have bought lower volumes over the past three weeks. Given the falling prices of slab, they are adopting a wait-and-see attitude.
Despite the slower market, end-use consumption remains strong. Distributors who spoke to Kallanish say they have …
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Anonymous
Very good overview of the weekly steel market.
Anonymous