08
Aug
15:04
Northern European rod market stabilises amid summer pause
Northern European wire rod prices are flat this week amid a quiet market in Europe due to the summer holidays, sources say. The stable trend from past months continues.
“The demand for steel commodities continues to be low, because most drawing plants in Europe have temporary lowered or even postponed production,” one trader from the Netherlands bemoans to Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €650/tonne ($708…
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Anonymous
Very good overview of the weekly steel market.
Anonymous