02
Feb
15:44
Low demand reduces rod prices in northern Europe
Northern European wire rod prices have decreased slightly this week due to low demand and a slow market, sources say. Some participants nevertheless continue to expect prices to increase this month amid new trade activity.
“Steel mills continue to sell small volumes, because buyers still have full stocks from last year,” a buyer from the Netherlands tells Kallanish.
In some cases, prices have decreased by €10-20/tonne ($11-22).
Domestic transact…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous