18
Aug
15:38
Northern European wire rod market remains stagnated
Northern European wire rod prices have remained flat again this week due to low demand and higher energy costs in Europe.
“Summer holidays and traditional maintenance at plants also continue to lead to low demand from steelmakers,” a buyer from the Netherlands tells Kallanish. “I expect prices to go up in the next 2-3 months, but mills will probably reduce the used capacities amid high production costs.”
Domestic transaction prices fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous