EU LONG STEEL OUTLOOK: Market hopes for April price stability despite low demand

摘要

Participants in the long steel market in the European Union werehoping for price stability through April after recent sluggish demandand cautious buying activity, sources within the sector toldFastmarkets this week.“The Spanish market is weak in price terms but consumption isimproving,” one trader said. “European mills have been moreaggressive [in terms of price] so there has not been much importactivity. Prices are on the low side, although I would not expectthem to go down any further.”