15
Mar
10:44
Weak Italian long products consumption deteriorates further
Italian long steel demand continues to drag as weak consumption is deteriorating further. Sellers are reporting low-tonnage sales and there are no expectations for restocking this month. Weakening on-month prices are impacting margins throughout the value chain, Kallanish notes.
Merchant bar sales are being concluded for very low volumes each week. Italian domestic merchant bar prices are hovering at €300-310/tonne ($326-337) base delivered, a €10/t decl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous