21
Dec
13:47
EU mills push, buyers protract annual coil contracts
Approaching year-end, the tone is hardening in three-way annual talks between coil mills, original equipment manufacturers (OEMs, mostly carmakers) and automotive suppliers.
“Some mills and service centres [SSCs] want to do it the hard way and have threatened to stop deliveries in January,” one automotive supplier’s buyer tells Kallanish. More concretely, he says that certain mill-owned SSCs “told me on the phone today we must sign by the s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous