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Steel: Italian long products hold up despite the stagnant market
The sluggish market and little desire to buy are slowing down the trading of Italian long products. Sales occurred only in April and the distribution sector has adopted a wait-and-see attitude, also due to unsustainably high prices. This follows a boom in March, when...
Steel – welded tubes: European prices falling
Welded pipe prices in Europe are falling, in line with the drop in hot-rolled coil values. A similar slowdown in demand has been noted by producers in all European countries, although demand from some end-use sectors still remains strong. Welded pipe prices are...
Coal: U.S. production drops 6% on a weekly basis
Weekly U.S. coal production fell below 10 million tons for the first time since Jan. 8 in the week ending April 23. Total seven-day production for the week stood at 9.9 million tons, down 6 percent and about 631,000 from production for the week ended April 16....
Steel: Polish market concerned about gap between supply and demand
According to the president of the Polish Steel Association (HIPH) Stefan Dzienniak, the gap between rising Polish steel consumption and stagnating domestic production is widening, at a time when the looming energy transition will require more steel for projects in...