31
Jan
15:55
Merchant bar stabilises in northwest Europe, for now
Prices of merchant bar in northwestern Europe have been given an upward push by producers, but the stabilisation could be momentary, with further softening possible later in winter.
“The mills have issued a clear call for higher prices,” Kallanish hears from a manager at a German distributor. “At present, they will be able to assert them, because inventories at stockists in January need some replenishment. Also, mills are busy with rolling orders…
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Anonymous
Very good overview of the weekly steel market.
Anonymous