02
Jun
11:42
Prices continue to decline for Italian HRC
Prices continue to decline in the stagnating Italian coil market, with June expected to bring more price falls.
Uncertainty has frozen activity and stocks at service centres are said to be extremely high. Towards mid-May some service centres did not seem pessimistic about end-use demand. However, the market is now coming to a deadlock as service centres say they are not able to process their stocks due to weak demand from their clients.
Sources tell Kallanish hot…
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Anonymous
Very good overview of the weekly steel market.
Anonymous