26
Jan
11:34
European rebar prices flatten on weak consumption
European rebar prices are mostly stable compared to the beginning of the month, with buyers rebuffing mill increases, which are having difficulty sticking due to structurally low consumption and the private residential construction crisis, Kallanish notes.
A few producers are rumoured to be mulling hikes for next month and believe buyers will return to purchasing in February following the weak and back-to-back sales of this month. Buyers are extremely sceptical of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous