16
Dec
17:18
German rebar price momentarily bottoms out
Following two downward movements in early and late November, rebar prices in Germany have stopped dwindling, with mills now actually asking for more for the final orders this year.
After a big slide of some €100/tonne ($106/t) into November to around €600/t, the base prices did not settle, as many expected, but slid again considerably into December to €550/t and lower. A gentle buying wave kicked in then, which is not unusual as the y…
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Anonymous
Very good overview of the weekly steel market.
Anonymous