07
Jun
16:30
NW European coil trend subject to subcurrents
Although coil prices in northwestern Europe are softening as they do in neighbouring regions, the fall velocity is facing obstacles.
As summertime draws near, mills are likely to extend their seasonal maintenance break by some weeks, to help stabilise prices, observers believe. According to one, a big German coil mill in May had halted its production for one and a half weeks. Whether this was due to a commercial or technical decision could not be uncovered, as non…
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Anonymous
Very good overview of the weekly steel market.
Anonymous