23
Dec
09:44
Italian sections producers stop sales on surging prices
Italian heavy sections producers have stopped sales and are expected to restart quoting in January after the Christmas holiday break. Other long product producers have done the same as they deem prices to be spiralling out of control, market participants tell Kallanish.
Sections prices have already increased €30/tonne ($36) on-month in December but, considering the steep scrap price hikes, producers need to push prices significantly further up for January. Se…
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Anonymous
Very good overview of the weekly steel market.
Anonymous