Sharp discounts continue across the board /Slack demand as holidays begin /Price slide to continue

摘要

The effects of the holiday season were increasingly noticeable in July, with demand in Europe becoming even more slack than in the already weak previous month. In addition, several materials struggled to compete with low-priced virgin material offers and/or imports, leading to a very uniform price trend: lower, again. The downward spiral even gained momentum for most materials. In other words, the discounts were even higher than in the previous month, in most cases.