23
Jul
11:33
ArcelorMittal increases longs prices: sources
ArcelorMittal is announcing increased prices for long products throughout Europe, according to market sources. The decision has been motivated by rising production costs and the need to regain profitability, Kallanish hears.
The steelmaker is increasing its prices for all commodity grade longs, such as rebar, beams, and wire rod, by €20/tonne ($21) above its June quotes, sources note. According to one, the rise in costs of electricity across Europe and o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous