11
Jan
11:54
French rebar seen increasing on skyrocketing scrap
French rebar prices are forecast to increase again sharply this month as scrap is hiking further for January contracts.
Scrap sellers are asking for a €100/tonne ($121) increase compared to end-November. Merchants and mills are negotiating, but higher-priced contracts have already been agreed as scrap availability is tight, particularly in northern France. French new arising E8 is now at €370-380/t delivered and €370/t delivered is being p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous