28
Sep
15:48
Northern European rod prices remain stable, increase foreseen
Northern European wire rod prices have mostly remained flat this week amid some deals in the market, sources say. However, some participants report fresh price hikes since European buyers are starting to restock and others hope this will revive the so far quiet market.
“There is some demand, but only European steelworks are booking,” one trader from the Netherlands tells Kallanish. “Imports are very weak due to almost the same price levels [as Eu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous