17
Feb
11:19
Pause in buying concerns Italian HRC producers
The Italian hot rolled coil market is particularly quiet this week. Sales activity has weakened significantly compared to the beginning of the month as buyers are adopting a wait-and-see attitude.
While some import contracts have been agreed, the majority of service centres refuse to commit to purchases of larger import volumes and prefer to buy locally. They expect values of HRC to decline in the coming weeks. Mills, however, tell Kallanish that prices should rem…
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Anonymous
Very good overview of the weekly steel market.
Anonymous