27
Mar
13:27
Italian service centres struggle amid competition, low consumption
Italian sheet prices continue to lag behind coil price increases. Service centres are reporting mostly stable values for sheet compared to the beginning of the month, but particularly slow sales.
Many sellers are seeing a significant reduction in consumption compared to last year and forecast a slow April because of holidays in Italy. Coil service centres are currently not managing to properly pass coil price increases on downstream.
This is happening despite sh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous