27
Jan
12:18
German rebar prices hold still in quiet market
With little purchasing going on in Germany, offer prices for rebar are not picking up, but do not seem to be giving in, either.
When order books were relatively filled in mid-December, domestic mills announced hikes going forward, which apparently were not successful. “Right, they tried to ask for more, but gave up quickly, and we are back at December levels,” one buyer in Hesse tells Kallanish. Back then, the base price had sunk to €550/tonne ($5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous