Some return of real demand should happen by the end of June for hot rolled coil derivatives. Customers of service centres are expected to buy material for July after being out of the market for some time. Sluggish demand and low consumption were reported in May by some Italian service centres who spoke to Kallanish.
The current deadlock in the market started from mid-February for some players and mid-March for others. Order intake was poor in April as well as last…
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