13
Feb
10:27
Italian sections prices decline slightly on stagnating market
The Italian merchant bar market continues to be stagnant. Mill sources and distributors report low consumption and strong competition from other European countries. Consumption is generally slow in Europe, two EU mills sources confirm, and prices are on a downward trend, Kallanish hears.
Buyers continue to purchase only back-to-back. Domestic merchant bar values are hovering at €320-330/tonne ($345-356) base delivered, reflecting an average €20/t on-mont…
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Anonymous
Very good overview of the weekly steel market.
Anonymous