30
Jan
10:46
Italian longs stagnate, but wire rod derivatives boom
Italian long products prices are not increasing as was hoped, following weak demand in January and limited consumption.
Merchant bar transaction values are mostly flattening compared to the beginning of the month. A European mill source says it is particularly difficult to raise prices in any EU country because of continuously subdued consumption and only back-to-back sales.
Italian distributors and agents however had a relatively satisfactory month in January i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous