06
Oct
12:28
Low consumption seen continuing in Italian longs market
Distributors and agents in Italy are lamenting a very bad September and October in terms of margins, sales and general activity. Some sources say that compared to last year, sales across flat and long products have dropped 35-40%.
On long products, one mill source forecasts consumption to remain at current levels, not only in the fourth quarter but also in Q1 2024. Talking about prices, a distributor tells Kallanish: “If they [producers] did not manage to pu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous