19
Sep
12:37
German analyst sees prices dropping further in 2024
The current low steel prices in Germany, and its neighbouring countries, will not rebound so soon going into 2024, according to Peter Fertig, analyst at MBI Infosource.
Speaking at MBI’s Stahltag conference in Frankfurt on Tuesday, Fertig cited an array of economic factors influencing EU prices: from local energy costs and purchasing indices to incentives in Asia and the strikes at Australia’s LNG plants.
For local coil prices, he referred to the fore…
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Anonymous
Very good overview of the weekly steel market.
Anonymous