29
Apr
11:34
Italian longs prices hold despite sluggish market
The uneventful market and little appetite to buy are slowing Italian long products trading. Sources who spoke to Kallanish say that sales occurred only back-to-back in April and the distribution sector has adopted a wait-and-see attitude, due also to unsustainably high prices.
This follows the booming month of March when a significant re-stocking process was responsible for very high sales volumes.
No more price increases are envisaged for the moment in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous