24
Jan
18:38
Covid-19, weak demand impact Italian merchant bar sales
A new but more moderate increase is being implemented by some Italian merchant bar makers in an effort to recover some margins heavily impacted by skyrocketing energy costs in Italy, sources in the market tell Kallanish.
While steelmakers are now asking for €530/tonne ($599) base ex-works, contract prices remain mostly stable compared to last week at €490-520/t base works, but with demand faltering. Including size extras, values are hovering at €910…
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Anonymous
Very good overview of the weekly steel market.
Anonymous