07
Jan
19:05
‘Impossible’ downstream prices agitate German rebar market
Several German rebar distributors have expressed dismay over big deals for construction projects struck recently, involving prices at which suppliers cannot possibly break even.
Sources are bewildered about one particular prestige project in a big city over a five-digit tonnage for which rebar supply was apparently awarded at €800/tonne ($907), or slightly more if considering all extras such as transport. This must be set off against rebar purchasing pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous