22
Apr
14:56
Italian HRC asking prices may increase
Some Italian coil producers and re-rollers are beginning to increase their prices by €30/tonne ($31.8) for new contracts. The market remains quiet after the Tube & Wire tradeshow in Dusseldorf last week.
Quotes from Asian producers did not decrease during the event, confirming the widespread belief that prices have reached bottom. There is a desire to increase prices throughout the value chain but also a fear of weak downstream consumption, Kallanish hear…
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Anonymous
Very good overview of the weekly steel market.
Anonymous