15
May
09:54
Krakatau expects Indonesian second-quarter prices to fall
Indonesia’s Krakatau Steel says it expects domestic steel prices to follow international prices downwards in the second quarter. Alongside higher sales volumes, higher steel prices drove up its profit in the Q1 2018, Kallanish notes.
By the middle of Q2 2018, domestic prices should have begun to decline, according to a Krakatau Steel report. Prices could remain under pressure through the year as current high prices are encouraging high output lev…
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Anonymous
Very good overview of the weekly steel market.
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