06
Dec
17:04
Northwest Europe sees some year-end coil sell-out
Coil stocks at northwest European mills are currently likely higher than projected, given the reluctance of carmakers to take up tonnages they had contracted in call-off agreements.
This seems to be true also for inventories at customer groups serving the automotive industry. According to a Dutch observer, “service centres have full warehouses and need to get rid of their stocks.” He tells Kallanish that mill-owned service centres, especially, are offe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous