14
Oct
15:27
Energy, restocking halt northern European rod price drop
Northern European wire rod prices have remained flat this week amid new demand and the feeling is that the price fall has stopped completely, most market participants say.
“Prices are stable despite rising energy costs, which have had an impact on production in the region," a buyer from the Netherlands confirms to Kallanish. “This means also that the slow drop we have seen in the last weeks has finished. Demand for wire rod is very good this week,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous