06
Jun
14:44
Some Italian re-rollers increase prices on higher costs
Some Italian welded tube re-rollers have stopped sales and are announcing price increases. This is due to the current unsustainably low prices of welded tube. It also reflects expectations of hot rolled coil price increases in June and rising procurement costs related to EU HRC quota exhaustion.
Last week, the European Commission proposed to extend the EU safeguard measure on steel by a further two years to 30 June 2026. It will also introduce a 15% cap per origin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous