10
May
14:35
Longs markets deteriorate, steep scrap drop inexplicable: Irepas
Rapid and steep price hikes, as well as high energy prices impacting manufacturing activity in Europe and inflation hampering consumption are causing the long products market to deteriorate. However, it is difficult to understand why the market has been so silent in recent weeks and what has been causing prices of scrap to drop by such significant margins. So says the International Rebar Exporters and Producers Association (Irepas).
Despite the weak demand and dro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous