11
Feb
10:30
Spanish scrap prices climb again, rebar remains strong
Spanish scrap prices rose twice in the last week. The domestic market sharply reacted to the hike seen in the main European markets, Kallanish notes. Rebar offers meanwhile remain strong, which is having serious repercussions on construction sector activity, market participants observe.
In scrap’s case, levels have increased by €20/tonne ($22.79/t) in one week for the new E8 quality.
“The large steel mills were not able to withstand pre…
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Anonymous
Very good overview of the weekly steel market.
Anonymous