04
May
10:46
Italian HRC demand agonises, Asian-origin offers drop
The Italian hot rolled coil market has begun to stall. Sellers, service centres and re-rollers are reporting extremely weak demand, while service centres continue to be caught between the high prices of European producers and weak coil sales downstream.
This week, there are no actual transaction prices for HRC in Italy, but last week’s contracts edged lower from the peaks seen last month. Sources indicate domestic values at €820-840/tonne ($895-920) bas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous