29
Oct
13:44
Marcegaglia sees room for hedging HRC in Europe
Antonio Marcegaglia, ceo of Marcegaglia, the largest independent buyer of steel products in the world, believes there is room in the market for hedging hot rolled coil prices in Europe.
The executive told the audience of the World Steel Dynamics conference in Milan this week that his company has already started doing some trials in this field.
He noted that Marcegaglia being a transformer of steel, it needs to be particularly careful in the way it manages its…
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Anonymous
Very good overview of the weekly steel market.
Anonymous