26
Nov
15:49
German rebar market turns quiet after buying spree
Many rebar buyers in Germany have made their last move for the year, buying to cover their demand into the first quarter of 2022. This means mills are well utilised for the coming months, have secured solid prices, and may charge extra euros for supplementary orders placed as of now.
All observers agree the price correction since summer bottomed out going towards November, at a base price of €650/tonne ($735), with prices in recent weeks reaching €670/t.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous