29
Jun
16:08
‘Toxic’ prices see German rebar distributors offload volumes
Rebar prices in Germany have dropped quickly and heavily after mills had succeeded for weeks in keeping them far above average European levels into June. The sudden fall has triggered some panic selling among German distributors, Kallanish is told by observers.
The drop has brought the local base price to €900/tonne ($943) and less, from nominally €1,100 offered far into May. According to an observer, some distributors are already launching volumes onto …
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Anonymous
Very good overview of the weekly steel market.
Anonymous