Prices are slightly and nominally going up because of 2,5 – 3% devaluation of Euro against USD and because of some resistence of foreign supppliers to follow local buyers on the run to further decreases.

However the activity is generally very slow and this past week has been characterized by a deep lack of demand.

Also Germany that during last months has been, together with other minor North Europe markets, the only place enjoying good levels of demand and consumption, turned into negative territory as to industrial production.

What is even worse is that nobody can see better future as production continue to be well above the actual level of consumption.