27
Jan
14:29
Northern European rod prices hold despite cheaper scrap
Northern European wire rod prices have remained flat, after the slight increase last week, say market participants. However, sources expect new hikes in the coming weeks.
“The market is moving very slowly, because most steel mills are not in a hurry to increase capacities due to high energy costs,” a buyer from the Netherlands tells Kallanish.
Domestic transaction prices for drawing-quality wire rod are currently at €860-870/tonne ($950-970/t) ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous