27
Jun
12:29
European longs restocking could trigger hikes, market uncertain
Central European construction steel market participants note prices of rebar and wire rod have reached rock bottom. Some small increases could be announced, but the market remains challenging.
“This is generating some timid requests for re-stocking and if mesh prices do not fall any further – which appears impossible given the low values reached – then the wire rod market could also gradually resume some volumes of purchases in the coming weeks,&…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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