13
Jul
14:24
European longs mill targets €60 higher prices
A major European supplier of long products has started communicating to the market its intention to raise prices for commodity-grade long products by as much as €60/tonne ($60) from the lowest point registered at the end of June.
A senior source confirms that some small increases of €30-40/t have already been achieved in some markets, but that a stronger price recovery is now possible, Kallanish notes.
“We are confident it is the ri…
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Anonymous
Very good overview of the weekly steel market.
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