12
Apr
10:21
EU traders remain bearish on coil import prices
European traders remain bearish regarding coil import prices on the continent, despite the persistent stability of national markets thanks to mills’ healthy order-books, Kallanish understands from sources.
In southern Europe hot rolled coil import offers are stable at some €540/t cfr ($665), but all sources contacted believe the levels will drop to €520-530/t cfr in the coming weeks. “I remain bearish, but I must add that I have b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous