02
Jan
15:38
German mills’ costs remain high until spring: consultant
Production costs for German steelmakers reached a critical level in the fourth quarter, and will not drop for another couple of months, says Andreas Schneider of Stahlmarkt Consult.
According to his calculations, costs for oxygen-route mills rose by €80/tonne ($88) from July to October, and have remained unchanged since. He attributes this mainly to notably higher prices for coking coal, which rose from $237/t in early July to almost $317/t at the end of the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous