07
Nov
08:45
Pre-fair EU coil price hike raises eyebrows
Most hot strip mills in northwestern Europe have been heard lifting their price offers last week, but buyers do not expect the hikes to affect the market immediately.
The announcement comes barely one month after the last hike attempt, which was comparably modest at €20/tonne ($21.40), while now the offers heard are between €40 and €60 higher. One Dutch buyer tells Kallanish he was “completely taken by surprise” by the extent of the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous