News Snapshot:
“Since March, metal prices have been falling in Europe and have now reached pre-war prices of 820 euros. So what has happened is that buyers are stuffed with inventories, they are not looking not to buy at this stage”, explains Ashima Tyagi Editor – Indian and Asian Steel Markets, S&P Global Commodity Insight . What is the global sentiment at the moment regarding metals , as there is concern about whether demand will continue to be subdued given current global recession fears? We are seeing a very synchronized slowdown in international markets. From what I can see, the European Union...
