27
Oct
12:05
Italian section producers seek increases
Italian beam and merchant bar producers are seeking €30/tonne ($34/t) increases on average because of the increased cost of energy and price hikes expected for domestic scrap in November, Kallanish notes.
Section prices have lost €30/t on average compared to the beginning of the month in line with other long products in the country. Demand, particularly for merchant bar, remains unreliable, with buyers only purchasing back-to-back. Market sources say dom…
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Anonymous
Very good overview of the weekly steel market.
Anonymous