28
Jun
11:33
Italian sections fall in sluggish market
Italian section prices have lost €30/tonne ($34.1/t) month-on-month. This is due to declining scrap prices, competition from cheaper material from other European countries and sluggish demand, market participants tell Kallanish.
The very large service centres are relying mostly on imported material from eastern European countries and Turkey. Negative sentiment is widespread for both mid-sized and smaller distributors who refuse to stock up and pre…
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Anonymous
Very good overview of the weekly steel market.
Anonymous