22
Aug
13:26
EU coil demand, mills’ backlogs appear blurry
The EU coil market remains quiet amid the typical summer season and September is not seen bringing a major change, with observers keeping their expectations modest.
“I feel like demand will slightly pick up, but there will not be a big jump – the main reasons [as previously] for demand weakness remain valid,” one Swiss-based source tells Kallanish. Concurring, a Scandinavian buyer considers demand from the automotive industry to be fairly ok…
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Anonymous
Very good overview of the weekly steel market.
Anonymous