Italian hot rolled coil activity is forecast to continue to stagnate this month. Both producers and service centres report high stocks and weak demand from their clients, with no change seen from September, Kallanish notes.
Demand from some end-use sectors, such as appliances and automotive, remains subdued. These industries should now be ordering for first-quarter deliveries, but some buyers are putting off their purchases. Other healthier end users are also with…
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