13
Jul
17:06
Northwest EU rebar coils and bar prices re-align
The spread between prices of straight rebar and rebar in coil from northwest European mills has more or less zeroed after widening significantly last year, Kallanish hears from market players.
Until two years ago, the two sorts differentiated only on size extras, which equate to €265/tonne ($267) added for straight bar and €280 for coil. The gap formed during the Covid-19 pandemic and has since been cultivated by mills, as coil has become relatively scar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous