26
Sep
16:20
EU apparent flats demand seen bottoming out: supplier
Apparent steel demand for flat steel products in Europe has been decreasing for months, but the bottom of the negative cycle is now in sight, according to a senior source at a major European flats supplier.
Mills are seeing apparent demand in Europe bottoming out and hope that a mild rebound will materialise in the coming weeks, as buyers prepare orders for the first quarter of 2023.
“Destocking aggressively intensified since mid-August among distributors a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous