27
May
13:03
Northwest European coil prices keep softening
Northern European coil buyers remain hesitant with making purchases, and prices keep falling as a result. The only question remains over how fast values will fall and where they will bottom.
An observer in the Benelux believes prices for hot rolled coil from domestic mills will flatten at the mark of €1,000/tonne ($1,071) ex-works. That would be the level at which mills would just about break even, given today’s costs for energy and materials, he explai…
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Anonymous
Very good overview of the weekly steel market.
Anonymous