10
Jul
10:53
Italian sections market struggles with foreign competition
Italian section prices are losing €10/tonne ($11.2/t) month-on-month. This is due to declining scrap prices and persisting competition from cheaper material from other European countries particularly Spain, market participants tell Kallanish.
Due to a slow market and declining prices for scrap and other long products, negative sentiment and careful buying are affecting both producers and distributors. As happened last month, some buyers …
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Anonymous
Very good overview of the weekly steel market.
Anonymous