28
Sep
15:16
Full books encourage rebar price hikes in Germany
Germany’s rebar mills are trying to bring prices up, following last week’s buying spree, which apparently signals a temporary increase in production, which mills have kept at low levels for a month.
For nearly two months, prices were hovering slightly south of €600/tonne ($633) delivered, a threshold that would easily be surpassed now with a €50/t hike, or possibly more, according to some sources.
The base price for most of July and August w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous