16
Feb
15:59
Northern Europe rod prices stable, increases expected
Northern European wire rod prices have remained flat this week amid low demand, sources say. Most participants expect new hikes amid increasing scrap prices in Europe.
“European steel mills continue to have a wait-and-see attitude and are not in a hurry to increase production due to high production costs,” a buyer from the Netherlands tells Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €700/tonne ($746/t) ex-works an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous