23
Jun
13:13
German rebar prices keep sinking
Rebar prices in Germany have taken another dive in June, and a rebound is not in sight in the medium-term, market sources say.
While at the beginning of the month base prices were still holding above the mark of €400/tonne ($435), the low end is now at around €350/t. Plus the size extra of €265, this translates to €615/t delivered, or lower. “I have seen offers €20 below that,” even a relatively small distributor manager in nor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous