28
Apr
13:31
Italian coil market lacks demand
Italian cold rolled and hot-dipped galvanised coil sales have drastically fallen this week against the backdrop of a continued lull in the market. Concluded sales over the past ten days have been very few and often from stocks as customers maintain a wait-and-see attitude. Buyers forecast values to fall significantly in May.
With hot rolled coil contracts at between €1,200-1,260/tonne ($1,274-1,338/t) base ex-works, CRC and HDG are being transacted at €1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous