03
Jul
08:59
French merchant bar weakens amidst competition
The French merchant bar market is going through a critical phase with low demand and depressed prices in a quiet market, market participants tell Kallanish. They even go so far as to describe the market as “... catastrophic.”
Base prices in July for larger tonnages should start at €90/tonne ($101.4/t) ex-works. This gives a finished ex-works prices of €510/t, sources suggest. However, sources have spoken about …
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Anonymous
Very good overview of the weekly steel market.
Anonymous