15
Feb
15:35
ArcelorMittal raises European longs offers by €60
ArcelorMittal has been communicating to European customers since last week that it intends to raise all new offers for commodity-grade long products by €60/tonne ($68.10/t). This is on the back of increased energy costs, sustained demand and higher raw material prices.
The move is effective for all new orders, Kallanish understands.
In addition to higher production costs fuelled by energy and raw material prices, market sentiment also firmed due to higher pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous