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Merchant Bars And Beams, Rising Energy Costs Test The Italian Market
Steelmakers are seeking increases, but the market is struggling to absorb them. In merchant bars and beams, rising energy costs are forcing Italian producers to revise selling prices, while weak demand and purchases limited to essential requirements are slowing the...
Chinese Stainless Steel Under Pressure: Falling Nickel Weakens Prices, Demand Remains On Hold
China’s stainless steel market is losing ground, held back by falling raw material prices and demand that continues to move cautiously. In the week ended Wednesday September 16, prices declined in both the domestic and export markets, while import prices in East Asia...
European Copper, Premiums Decline: Fewer Outlets To The United States And More Metal On The Market
The European copper cathode market is losing support, squeezed between weak spot demand and increasing metal availability. In the assessments on Tuesday September 15, physical premiums declined across several locations, affected by uncertainty over US tariffs and the...
Italian Steel Rebar, Price Increases Take Hold But Demand Remains The Weak Point
Rebar price increases announced in recent weeks are entering Italian transactions, despite weak consumption and limited sales volumes. Higher energy and logistics costs and producers’ firm offers are the main factors supporting the new levels. According to indications...