09
Mar
12:07
Italian longs prices flatten, some mills stop sales
The Italian long steel market deadlock has continued this week. Values are reported to be falling for merchant bar and rebar, after sales in the first two months of the year were slow for most longs, sources tell Kallanish.
However, scrap prices are increasing in Italy and Europe by some €20-25/tonne ($21.1-26.4), while 1 April will see the expiry of the energy cost relief tax discount implemented by the Italian government. Some producers are therefore suspen…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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