04
Oct
13:42
Italian distributors rule out price collapse despite slowdown
Italian steel distributors and service centres say product values will “inevitably decline” if the current level of demand and small-volume sales continue in the fourth quarter.
“We are lacking volumes. Our clients continue to order the minimum amount each week. All coil derivatives are falling because service centres are chasing clients and discounting material. It will not be long before the market starts seeing financial trouble,” one so…
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Anonymous
Very good overview of the weekly steel market.
Anonymous