30
Sep
15:31
Northern European rod prices fall on low demand
Northern European wire rod prices have decreased further this week amid lower demand, weak scrap prices and cheaper import offers from countries outside the EU, most market participants say.
“The reduction continues due to lower demand in the market," a German merchant confirms to Kallanish. “Most buyers of steel products in the northern European market continue not to participate in new trading, because they expect prices to fall further down.&rd…
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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