25
May
11:02
Italian longs market remains in a lull
The Italian long steel market remains in a lull this week, with sales few and far between. Sources who spoke to Kallanish say May has been virtually the slowest month of the year and hope for a market recovery in June.
The global wave of declining steel prices together with the collapse in scrap values are causing the distribution sector to remain in a wait-and-see mood. Distributors’ customers are also not buying because they fear the looming economic downt…
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Anonymous
Very good overview of the weekly steel market.
Anonymous