25
Jan
10:26
Italian coil prices flatten on slow market
Italian coil prices are flattening against the backdrop of a slow market and low volumes. Since the latest hike in values implemented by European producers earlier this month, buyers have gone silent.
ArcelorMittal is now reported to be offering hot-dipped galvanised coil in Italy at €920/tonne ($1,002) base delivered for March shipment. Local producers are also targeting €900/t but report extremely low sales volumes. A process of destocking seems to hav…
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Anonymous
Very good overview of the weekly steel market.
Anonymous