25
Jan
11:10
Italian re-rollers push up tube prices
Some Italian re-rollers are pushing up welded tube prices for February deliveries. This is due to revived demand after a period of standoff and uncertainty, increasing hot rolled coil prices in Italy and internationally, and skyrocketing energy and transport costs.
Market sources tell Kallanish that Marcegaglia, among other tubemakers, is about to decrease its level of discount by three points, in other words by €40-50/tonne ($45-56) depending on product. The…
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Anonymous
Very good overview of the weekly steel market.
Anonymous