20
Apr
15:15
German sheet formers suffer from “... price shock”
The continuing price increases for coil witnessed in north-western Europe since November have not been welcomed by German sheet-processing companies, as many are unable to pass hikes on to their customers.
A company with an annual intake of say 7,000 tonnes hot-rolled sheet easily faces additional costs of €1.5 million ($1.6m), the federation of sheet formers IBU says by way of illustration. In early March, it had already signalled a “… steel p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous