08
Jul
11:28
Italian coil activity slows further
Italian hot rolled coil overcapacity and low demand is causing prices to continue to drop. Values have fallen by some €40/tonne ($50.6) compared to end-June, in line with the international downturn in flat steel products in Europe.
Cold and hot-dipped galvanised coil activity is also poor, amid weak consumer confidence and low price visibility. Back-to-back purchases are continuing for very limited quantities, market participants tell Kallanish.
July is expe…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous