28
Nov
12:06
Market contraction weakens Italian stainless service centres: Assofermet
Economic uncertainty and slow orders are hitting Italian stainless steel service centres’ margins and volumes. Demand continues to be sluggish but processing costs are simultaneously increasing, local steel trade association Assofermet warned during a meeting this week.
The sector is experiencing the worst margin contraction in 2023, which has become worse over the past 90 days. "We continue to see, on the one hand, a reduction in demand and, on the oth…
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Anonymous
Very good overview of the weekly steel market.
Anonymous