16
Mar
10:45
Italian coil derivatives markets stagnate
Although demand and prices remain sustained for Italian hot rolled coil, coil derivative prices are struggling to increase. Consumption, considered average in February, has strongly slowed in March, Kallanish notes.
Welded tube prices remain behind the increases of HRC. Despite shortages of some grades, discounts remain at 27-28 points. Buyers continue to buy back-to-back, although their stocks are medium-low, and refuse to commit to volumes. Re-rollers are pushin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous