Italian importers of flat steel have had trouble bringing in new material because ports are so filled with Indian coil that no space is left for other products, sources have said.
The difficulty buyers have had getting imports delivered to all major Italian ports has also caused a rise in sea-delivery and mooring costs, as well as increased delivery times, sources told Fastmarkets from the sidelines of the 'Made in Steel 2021' trade fair in Milan, Italy that took place October 5-7."I have a ship that was asked to wait for about 40 days before the discharge of steel, as ports are full of Indian steel. We had to look for an alternative port of delivery in Italy, and it was a challenge, as the situation is the same at other ports," an Italian distributor said. "This inevitably resulted in...