20
Jun
12:38
Italian sellers signal mild coil derivatives sales improvement
Some return of demand for coil and its derivatives, particularly sheet, was registered over recent days from Italian distributors, Kallanish notes.
While distributors are keeping stocks low and continue to buy back-to-back, orders of a little more than a single truckload were implemented at prices between €700-740/tonne ($765-809) ex-works for hot rolled sheet. At these levels, however, service centres’ margins are being squeezed. Their stocks of hot ro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous