19
May
15:54
Cheaper scrap pulls down northern European rod prices
Northern European wire rod prices continue to fall this week due to decreased scrap prices in Europe, despite high demand. Some sources expect more falls, notwithstanding the impending peak construction season in early summer.
“Import offers outside the EU countries are not influencing European prices so far,” a buyer from the Netherlands tells Kallanish. “It is a separate world and the EU mills are not adjusting their prices because of the impor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous