17
Jul
12:18
Italian longs prices flatten before stoppages
Some Italian long steel producers are reporting good order books in July, with prices seen stable until the end of the month.
Despite buyers pushing for values to decline, considering lower Europe-wide consumption, Italian steelmakers are not envisaging any price decrease, particularly in view of the upcoming production stoppages. These have already started for certain products such as merchant bar and rebar, and will continue through August.
Besides the high co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous