04
Apr
11:00
Price hike sustainability doubt clouds Italian longs sales
Uncertainty and doubt over the sustainability of steel price hikes are clouding Italian long products sales in April. This is a seasonally slower month due to the Easter and 25 April bank holidays. Demand seems slower, but this comes after a record month of sales in March.
Sources who spoke to Kallanish are beginning to doubt that end-use sectors can keep paying the current high prices or accepting further price hikes. Some distributors say they will be slowing th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous