12
Jun
09:47
Merchant bar weakens in Italy and France
Italian merchant bar demand remains weak and has not properly picked up after the lockdown was lifted in the country on 4 May, Kallanish learns from market sources.
Despite the high cost of scrap, merchant bar prices have fallen in June compared to May by €10/tonne ($11/t) but sometimes €20/t depending on purchasing volumes. While consumption for merchant bar has heavily reduced in most European countries last year, in Italy it has collapsed, u…
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Anonymous
Very good overview of the weekly steel market.
Anonymous