16
Sep
10:55
Italian sections prices hold up despite scrap falls
Italian beam and merchant bar prices remain stable compared to the beginning of the month despite the declining values of rebar and scrap, Kallanish notes.
Demand in the country has slowed due to buyers adopting a wait-and-see attitude in light of the wave of price falls registered in recent weeks. Some buyers believe values for beams and merchant bars will decline but producers are holding their levels and do not intend to decrease. At present, apparent demand is…
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Anonymous
Very good overview of the weekly steel market.
Anonymous