10
Mar
11:57
Italian coil prices surge, buyers withdraw amid confusion
With Italian hot rolled coil prices being pushed up to €1,300/tonne ($1,433) base ex-works, hot-dipped galvanised and cold rolled coil producers are stopping sales and not quoting amid uncertainty and escalating values.
Requests for quotes are coming in but customers are also adopting a wait-and-see attitude, confused by the situation. Service centres are stopping sales this week, not knowing which price tag to apply. Sellers and buyers confirm there is no ru…
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Anonymous
Very good overview of the weekly steel market.
Anonymous