08
Dec
12:51
Longs demand increases, EAF mill costs surge: Irepas
There has been some increase in demand-driven purchases in the global long steel products market but the question is whether consumption will continue to follow, with holiday season approaching, the International Rebar Exporters and Producers Association (Irepas) says in the opening of its December short-range outlook.
The unexpected surge in scrap prices has added to seasonally higher energy prices in pressuring electric arc furnace mills’ costs and forcing…
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Anonymous
Very good overview of the weekly steel market.
Anonymous