12
Oct
14:58
German rebar price slide could bottom out
The drop in rebar prices, which has also reached Germany since players returned from the summer break, could flatten in the course of October, with direction thereafter impossible to predict with certainty.
The lowest base price for standard straight bar from German mills now stands at €550/tonne ($635), which, plus the size extra of €265, translates to €815/t delivered. Slightly more than a month ago, some players reported a peak base price of &eur…
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Anonymous
Very good overview of the weekly steel market.
Anonymous