12
May
10:46
Italian merchant bar makers stop sales
Italian merchant bar and sections producers are stopping sales this week, following increasing prices of scrap and finished long products. All flat and long steel producers have withdrawn from the market as scrap prices are rising each day. Longs contract prices are surpassing quotes, amid a “frenzy” leaving mills and buyers baffled over which prices apply, sources tell Kallanish.
Merchant bar domestic values have reached €300/tonne ($364) base ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous