02
Sep
17:47
EU plate market becomes paralysed, direction unclear
Buyers of plate in northwestern Europe are expressing different views over the near future of prices. Overall, uncertainty over price direction appears to be greater than is typically the case at the end of summer.
All buyers speak of a very quiet market with hardly any transactions, as inventories are still well-filled. “Our warehouses are still fully crammed,” a manger of a distribution group lets on, adding that “customers are very sceptical a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous