28
Mar
13:00
Slow March trade, falling prices impact Italian longs
March has been a quiet month for Italian long products, with sales weak and only back-to-back. A mill source says distribution is seeing the lowest level of orders among buying sectors, with margins very slim, Kallanish notes.
Merchant bar prices are falling by some €30/tonne ($32) on average compared to the beginning of the month. Sales are being concluded every week but for very low volumes, with no change from recent weeks. Some producers, however, still p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous