03
Jun
11:34
Marcegaglia forecasts HRC price hike, 2020 turnover losses
Italian steelmakers this year could see a volume loss between 10% and 15% due to the international health crisis and a fall of 20-25% in turnover, Antonio Marcegaglia says during local web service Siderweb’s webinar attended by Kallanish.
The re-roller believes the worst is behind us and expects some recovery in steel players’ Q3 and Q4 results. Marcegaglia started Covid-19 protocols early and during the lockdown focused on sustaining its shipping…
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Anonymous
Very good overview of the weekly steel market.
Anonymous