12
Jun
15:44
Italian longs consumption continues to drag
The Italian longs market continues to drag on the backdrop of slow consumption and a negative outlook, Kallanish understands. Producers implemented a €20/tonne ($21) increase last month but did not manage to increase transactions which remain mostly flat compared with May.
Sellers and buyers in the distribution sector report low sales and back-to-back purchases for merchant bar.
“I have been quite happy until April as I sell several longs and the avera…
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Anonymous
Very good overview of the weekly steel market.
Anonymous