23
Jan
10:14
Italian coil market slows on ‘unsustainable’ price hikes
The Italian coil market is at a standstill following the strong increases implemented by EU producers this month. The news that ArcelorMittal – as well as other major suppliers – have raised European coil offers yet again has frozen purchases in Italy. A phase of destocking has started, sources tell Kallanish.
Service centres and re-rollers who are not able to pass on the increases downstream have decided not to buy for the moment and see how prices de…
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Anonymous
Very good overview of the weekly steel market.
Anonymous