12
Dec
15:02
Northwest Europe coil shows meagre price recovery signs
Some initial signals are being seen for attempted price increases in Europe, north of the Alps, but they are still too weak to result in a rebound of coil prices.
According to a southern German manager, hikes of €50/tonne ($53) announced by a Czech mill for February rolling/delivery are actually meant seriously. “We would have ordered at January’s prices, but they [Czech supplier] refused,” he tells Kallanish. The hike would take the offer p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous