26
Jan
12:51
EU coil mills prefer shorter contract periods
During negotiations for coil supply contracts for 2023, mills largely tried to keep the contract periods to half a year, rather than a full year, Kallanish hears from market players.
This in itself is not surprising; depending on the temporary price trends, either side may prefer to keep contracts shorter than a full year. As spot prices are currently gaining, it would be the mills that are favouring new negotiations in 5-6 months’ time.
According to the ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous