Price Rises For Some Products

摘要

A price revival could be underway in the EU strip mill sector, despite the worsening economic situation. The mills are embarking on a programme of production cuts. More importantly, many of the main foreign suppliers are restricting output for sale into the EU market. Moreover their price offers are higher.We have heard complaints from several end-users that they believe that the market is being manipulated. They are concerned that the EU mills are putting pressure on foreign producers to reduce supply or face retaliatory action. Steel customers are fearful that global market sharing is taking place.