03
Feb
12:18
Slow demand undermines French rebar price increases
French rebar demand is said to be sluggish, with prices stable on January due to uncertainty and low visibility that is causing apparent demand to grind to a halt.
Domestic contracts are now at €520-530/tonne ($586-598) base ex-works. Considering €260-270/t on average for size extras, effective values are hovering at €780-790/t ex-works. Like in Italy and Spain, the increases implemented in January did not stick. This is due to slow demand, as rebar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous