06
Sep
12:29
EU coil price hike attempts falter
Northwest European coil mills’ latest price hike announcements are neither in line with each other, nor very convincing, according to regional buyers.
“We do hear of hikes being announced but they do not play a role in direct negotiations,” a manager at a German distributor tells Kallanish. He says the first signals came from Italian mills, then from a pan-European producer, and then Nordic mills followed up. “I hear that [another player in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous