14
May
14:31
Margins remain under pressure downstream: Assofermet
Italian service centres are “caught in the grip between producers and consumers, in a market characterised by uncertainty,” bemoans steel trade association Assofermet in its market note sent to Kallanish. They continue to operate despite, according to them, insufficient margins.
The recent increase in quotes from EU and non-EU steelmakers is compounding supply restrictions stemming from EU safeguard measures and pushing distributors and re-rollers to i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous