23
May
13:43
End-use demand supports Italian HRC sales, prices drop
End-use demand is forecast to support hot rolled coil sales but at significantly decreased prices, say some Italian service centre sources. Despite the sluggish flat steel market throughout the entire local value chain, real consumption is said to be sustaining.
Sources tell Kallanish the current steep decline in HRC prices is mostly the result of speculation in recent months that ballooned prices to unprecedented levels. One service centre says his customers are …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous