11
Jun
09:14
Tension eases in northwest European coil market
Following months of chasing and securing material at any cost, players in the northwest European coil market are seeing the pressure relax somewhat, although this does not mean a turn in price trend.
“The panic purchasing of recent months has waned,” one Ruhr-based stockholder tells Kallanish. “Consumers are much more relaxed now, and more cautious with placing orders. I just talked to a mill on that matter, and they see it like that, too.”…
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Anonymous
Very good overview of the weekly steel market.
Anonymous