07
Apr
15:38
Northern European rod remains stable amid good demand
Northern European wire rod prices have remained flat again this week amid good demand, but market participants expect new increases later this month.
“Prices are high, but trade is going on as normal and we have purchased around 20,000 tonnes of wire rod for our customers,” a buyer from the Netherlands tells Kallanish. “Demand is good because the construction season is nearing and steel mills are restocking. We even have orders for the third quar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous