08
Nov
12:21
Italian longs prices decline
Italian long products sales activity continues to stagnate this month against the backdrop of buyers’ fear of a recession and a price collapse in January, market sources tell Kallanish.
While rebar makers are seeking a €30/tonne ($30) increase to slow the steady price slide of the past weeks, demand for merchant bar is said to be stagnating. Both large and small distributors are refusing to purchase due to high prices and “dead” end-use dema…
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Anonymous
Very good overview of the weekly steel market.
Anonymous