24
May
13:57
Acciai Speciali Terni to cut production further
Italian stainless steelmaker Acciai Speciali Terni (AST) is reducing output again for a week starting on 25 May. The decision is driven by a contraction in orders and overcapacity on the national and wider European stainless flat steel scene, Kallanish learns from sources close to the company.
The sector continues to be heavily impacted by poor orders since the second half of last year for coils and their derivatives. Prices are on a decisive declining trend …
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Anonymous
Very good overview of the weekly steel market.
Anonymous