22
Oct
12:02
Arvedi confirms large output cut on market weakness
Arvedi, the EAF-based coil supplier based in Cremona in northern Italy, has confirmed to Kallanish that it intends to cut its production by 70% at the company's main mill during November and December.
Rumours of such big reduction in output began to circulate in September. Arvedi confirms that during the downturn it will implement a number of upgrades at the plant.
"International tensions linked to tariffs, the sharp economic slowdown and the pe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous