15
Apr
23:17
ArcelorMittal attempts EU longs hike: sources
ArcelorMittal is raising all commodity grade long steel prices by €20/tonne ($21) across Europe this week, effective immediately for all new orders, market sources inform Kallanish.
The hike comes on the back of a pick-up in restocking demand amid low inventories in the supply chain. Moreover, the steelmaker needs to re-establish margins, sources indicate.
In Italy, various mills have spoken of a need to raise prices to improve margins. Suppliers o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous