01
Aug
15:59
Northern European rod prices remain stable
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, despite attempts by some suppliers to increase prices.
“Europe is on vacation this month, thus demand for steel commodities is traditionally low,” one trader from the Netherlands bemoans to Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €650/tonne ($701…
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Anonymous
Very good overview of the weekly steel market.
Anonymous