24
Nov
16:10
Northern European rod prices fall, likely bottoming out
Northern European wire rod prices continue to fall this week, with sales limited and only small volumes being purchased. Some sources say prices are bottoming out.
“My observation is that prices are bottoming out, but so far the customers do not believe it,” a buyer from the Netherlands tells Kallanish. “Daily offtake of material seems to be okay so far.”
Domestic transaction prices for drawing-quality wire rod have decreased by €10/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous