10
Oct
17:03
German rebar prices soft but costs prevent fall
Buying activity on the German rebar market remains subdued after many distributors filled their inventories until the end of October.
Following the buying spree at summer base prices of €750-800/tonne ($728-776), mills started quoting prices at firmly above €800/t – a normal move when books are full and only a few orders come in. This time, however, observers believe prices ultimately paid could likely undercut the previous lower end of the ra…
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Anonymous
Very good overview of the weekly steel market.
Anonymous