29
Mar
17:03
German rebar buyers doubt mills’ anticipated hikes
The big price hike targeted by some German rebar mills for orders in April is being met with scepticism among buyers, which is not surprising, given the sheer degree of the increase. Some buyers even doubt that any hike can be achieved at all.
According to several market sources, German mills, which for many weeks could not secure deals much beyond €700/tonne ($758) delivered, will soon ask for €50-80 more.
“The coming weeks will show if that anno…
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Anonymous
Very good overview of the weekly steel market.
Anonymous