25
Mar
17:00
Northwest European buyers scrounge for plate
Plate mills in northwestern Europe are largely keeping their doors shut, opening them only for odd orders at increasingly odd prices.
"Virtually all mills have left the market because they cannot assess the costs for input materials, let alone foretell their development," a northern source tells Kallanish. Apart from the blocked slab supply, which hurts re-rollers most, the integrated mills face similar risks for additives, many of which come from Russia…
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Anonymous
Very good overview of the weekly steel market.
Anonymous