14
Apr
11:54
Italian stainless flats market remains in deadlock
The Italian stainless flat steel market has remained weak this month, in line with the rest of Europe. Activity is impacted by uncertainty, falling prices upstream and downstream, overcapacity and lower consumption.
Service centres are ordering back-to-back. Coils prices are falling significantly. From €3,000/tonne ($3,304/t) base delivered as of last month, values of stainless cold rolled coils are at €2,700/t delivered and less for high volumes while h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous