24
Jul
11:52
Italian rod producers seek increases amid competitiveness concerns
Italian wire rod producers are increasing prices by €20/tonne ($21) from June, Kallanish notes. As summer approaches, mills and their customers are preparing for August shutdowns, which are expected to be longer this year.
The increases could become more apparent in September contracts as buying activity has significantly decreased. Despite the continued low consumption, July sales have improved compared to the slow activity seen in June. This…
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Anonymous
Very good overview of the weekly steel market.
Anonymous