Short Range Outlook : February 2025
Global longs market under very strong pressure from Chinese exports, Trump 2.0 brings uncertainty and volatility The global long steel products market is currently under very strong pressure mainly because of Chinese exports, which have been increasing and not showing any signs of slowing down. We have already seen what Trump 2.0 means – uncertainty, volatility and a lack of visibility. It seems like the situation will get even worse until the... Read More
Italy includes Ferriere Nord and Riva Acciaio in cartel probe
The Italian Competition Authority has included two Italian reinforcing bar producers, Ferriere Nord and Riva Acciaio, in its investigation launched in October 2015 on major Italian companies that produce and sell reinforcing bar and steel mesh. This inclusion came after a separate investigation regarding Nuovo Campsider Association, a branch of the Italian steel association Federacciai, found that market information regarding scrap was shared among... Read More