27
Jul
16:24
German rebar mills try for higher prices
German rebar buyers are increasingly confident the price floor has been reached after the base price sunk to €330/tonne ($363) at the end of June.
“Apparently, a point has been reached at which the mills are not willing to follow the downtrend any longer. It will be risky to keep speculating on a further drop of prices,” one commentator of a central German distribution house writes in his blog.
Managers in southern Germany concur. “It woul…
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Anonymous
Very good overview of the weekly steel market.
Anonymous