18
Oct
13:05
Italian distributors chase volumes, low margins
Italian merchant bar contracts are stable compared to the beginning of October, but the high point of the range is not achieved anymore due to continued weak demand and low purchasing volumes. Sellers and buyers believe this level of activity will endure until the end of the year with some better days towards mid-November when distributors will have to buy for the end of the year. Margins are tight both upstream and downstream owing to high financial, energy and pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous