13
Mar
13:08
Low consumption impacts Italian coil supply chain
Prices are declining further in Italy for both coil and its derivatives. Consumption of both sheet and tube remains weak and the outlook is negative at least until April, sources tell Kallanish.
Service centres are losing money in the first quarter after the negative market performance of the second half of 2023. They are now receiving coils bought at some €760-770/t base delivered, leaving them with no margins on sales considering the descending value of she…
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Anonymous
Very good overview of the weekly steel market.
Anonymous