03
May
13:08
Northwest European plate seen sinking throughout year
The sudden leap in northwest European plate prices induced by the war in Ukraine may be followed by a continuous decline in the remainder of the year, some observers warn.
Disruption from the war first hit supply of slab and is now pulling down Western business sentiment, and eventually demand. Looking at construction, a current poll by German association Bauindustrie shows that 70% of member companies see delays to projects, and 30% report effective cancellations…
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Anonymous
Very good overview of the weekly steel market.
Anonymous