20
Jul
12:33
Northwest European coil nears crossroads, automotive outlook improves
An increasing number of northwest European coil market players believe prices are close to bottoming and will soon rebound. However, this belief is not without doubts.
According to a manager at a Benelux service centre, “more and more customers have come to realise that steel prices seem to have bottomed out.” He is convinced that “northern EU steelmakers seem determined not to accept further price cuts.”
The assumptions are that distribut…
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Anonymous
Very good overview of the weekly steel market.
Anonymous