07
Jul
15:55
Northern European rod prices stabilise, possible increases expected
Northern European wire rod prices have remained flat this week, after weeks of big drops, due to new demand and despite scrap price reductions in Europe. Some sources even expect slight rod price increases soon.
“Prices are stable for now, but uncertainty remains in the market,” a buyer from the Netherlands tells Kallanish. “Activity is good so far and we just received this week the first adjustment plus €30/tonne ($30.5) for mesh.&rdqu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous