11
Jul
09:57
Northwest European rebar remains soft
The northwestern European rebar market remains sluggish in July and is seen continuing in this fashion into August. The price downtrend has slowed down, and values could bottom, but a recovery is very unlikely for a while.
Late in June, base prices from German mills were largely seen at around €350/tonne ($385), with some lower quotes reported from minor players. This has now seeped through to the major players. “We are easily €20 below that now,&r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous