FROM THE 19TH JANUARY INTELLIGENCE REPORT:
Market remains in doldrums as material struggles to move amid continuing difficult conditions
It remains difficult out there to trade materials at the moment as most outlets are not enthusiastic at buying material. It is being reported, with a few rare exceptions, that on the whole most materials are struggling to find a home with end markets saying they are either unable to buy (in the case of China) or full up. While we haven’t reached the stage of huge stockpiles of material as yet, it has been the . . .
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