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12 August 2019
Downloadable Excel files with Fastmarket's pricing and other statistics for the month of August 2019
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12 August 2019
It is widely believed that, even though there has been some slowing of US manufacturing growth in recent months and there are growing concerns about the impact of trade issues upon overall US economic growth and both consumer and business confidence, US HDG prices will continue to move upwards.
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12 August 2019
With sentiment worsening, it is not surprising that prices are falling and we expect coaters will be looking to increase exports further in the second half of the year if local markets fail to tighten
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12 August 2019
With regards coated steels, prices of hot-dipped galvanized coil (HDG) are now at an average of just above €550/tonne, a level that we mentioned that they may eventually achieve back in that November 2018 issue.
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12 August 2019
Baowu’s tactic of cutting its own supply to squeeze the market did not work 12 months ago, but low supply capacity among the stand-alone re-rollers may keep supply tight, and there are prospects for strong demand.
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12 August 2019
Having run down stocks, large distributors have had to return to the market as well but, with the aforementioned weakening news with regards the wider economy with economic indicators weakening, stocks are likely to last for longer over the coming months