Stagnation is deepening in the Italian coil market, with sales volumes low and prices declining for hot rolled coil.
Buyers remain on the fence, as do service centres’ clients and the entire value chain, Kallanish learns from market participants. End-users are said to have “some work” but consumption is significantly diminishing this month, bucking earlier forecasts of rebounding demand and prices after the quiet August break.
This is happening …
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