01
Jul
11:06
French rebar prices stay high but demand low
Prices remain mostly stable this week for French rebar, despite the downturn in the European steel sector. Like in June, however, buyers are withholding their purchases, with consumer confidence very low.
Small tonnages are being bought on a weekly basis amid a quiet market that is forecast to continue through August, Kallanish notes.
Domestic rebar contracts are hovering at €780-800/tonne ($815-800/t) base ex-works. Depending on volume and order, this can v…
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Anonymous
Very good overview of the weekly steel market.
Anonymous