06
Apr
09:34
Slow end-use sales freeze Italian coil activity
The stagnation in Italian hot rolled coil market activity is resulting in drastically reduced sales for cold rolled and hot-dipped galvanised coil. Market sources report a small downward price correction, although actual market value is not clearly defined due to the very few, low-tonnage sales that have taken place over the past ten days.
A similar situation has been detected in other European markets as end users, including large automakers and appliances makers…
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Anonymous
Very good overview of the weekly steel market.
Anonymous