14
Jun
13:16
Rebar buyers look at Wire fair for orientation
In view of continued high prices from German mills, rebar buyers are keeping their purchases to a minimum, and their eyes on next week’s Wire trade fair in Düsseldorf for negotiations.
“At the moment, all processing companies are totally reserved with making purchases,” a buyer of a big bender group tells Kallanish. “Consequently, mills are struggling to book new volumes, so prices will come under pressure.”
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Anonymous
Very good overview of the weekly steel market.
Anonymous