27
Mar
12:57
Coil prices near bottom in Italy
Italian coil prices are continuing to decrease in the latest contracts but several sources believe the market is approaching the end of the price decline.
Multiple large buyers and a trader selling Asian material tell Kallanish their latest low bids have been refused by Asian suppliers.
“The price decline of Asian offers for hot rolled coil is stalling due to raw material costs remaining high. The gap between import and EU prices is also thinning, and the w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous