21
Jun
12:36
EU coil makers will keep output under control
Northwestern European coil mills are keeping their output low given the reservation of buyers, which ultimately may mean idling blast furnaces again. Meanwhile, a gentle rise in prices for imported material could herald a stabilisation of European domestic prices.
On the import side, values seem to have bottomed very recently with what a Dutch manager calls a “test price increase”. “We heard some of our sources say that some Asian mills stopped t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous