13
Jan
16:05
European coil contract parties develop new rules
European coil mills and their customers are devising ways to ensure tonnages taken up by buyers do not fall significantly under those contracted in annual agreements. Last year saw some trouble between mills and big customers, which in the second half of 2021 refused to call off the tonnages they had secured on the basis of their annual contracts.
The problem is not all-new, but was particularly pronounced in 2021. Annual contracts normally forecast the tonnages w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous