01
Apr
10:39
Italian coils market reaches a standoff
Italian coil market activity has reached a lull. The recent continued steep increases for hot rolled coils have had the effect of freezing market activity. This adds to a slowdown in orders from the automotive sector registered by market participants.
Both larger and smaller buyers have refused to buy HRC at the current levels over the past seven days and decided to work with their existing stocks for the moment. This has stopped prices from increas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous