10
Feb
15:52
Northern European wire rod market stays quiet
Northern European wire rod prices continued to remain unchanged this week due to the quiet market, say market participants. However, sources still expect new hikes.
“It’s very simple: the steel mills must purchase new amounts for March and they will pay the price the producers are asking today,” a buyer from the Netherlands tells Kallanish. “But if they wait, I am 100% sure they will pay more within two weeks.”
Domestic transaction p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous