04
Jun
15:30
European tube discounts to decrease again
European welded tube discounts are decreasing again compared to ten days ago. Prices for tube are following hot rolled coil hikes and increasing by €20/tonne ($24) on average every week.
Like last month, the level of demand for welded tube continues to accelerate in all European countries. The HRC shortage is also lengthening lead times, sometimes causing a shortage of some tube grades. Re-rollers are still struggling to respond to the demand surge …
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Anonymous
Very good overview of the weekly steel market.
Anonymous