30
May
11:19
Italian stainless flats market stagnates, prices fall
The Italian stainless flat steel market deadlock has deepened in May as apparent demand has been non-existent and real demand weak.
Orders continue to happen for a few hundred tonnes of coil derivatives such as sheet and tube, with prices plummeting across Europe. Overcapacity, lower consumption and descending prices throughout the entire value chain are causing the current low sales volumes, with buyers continuing to adopt a wait-and-see attitude.
Coil prices a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous