Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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October 2019 | Galvanized Steel and Tinplate Market Tracker

Prices slump, further cuts possible: Latest analysis

Prices last fell at such a clip back in late 2015. Based on the margin erosion seen back then, prices could still fall further before producers respond with significant cuts to production in a bid to shore up prices.

Prices slump, further cuts possible Following the slight decline in prices seen across global markets last month, recent weeks have seen prices on flat steel products slump even further. The falls equate to some $50/tonne on most coated steel products and come amid growing concern about demand levels. Prices last fell at such a...


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