27
Jun
13:52
Stainless coil prices to bottom after the summer
Prices for stainless steel coil and its derivatives should reach rock bottom in September when the market is forecast to start rebuilding some stock. Values should begin to stabilise at the beginning of the fourth quarter, sources in the European stainless flat steel market believe.
The market for coil, tube and sheet is now stagnating in all European countries, with purchases being made only back-to-back. Both service centres and end-users are withholding sales o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous