07
Mar
13:28
Panic-buying drives up French reinforcing steel prices
French rebar prices are skyrocketing, in line with other countries, as demand is said to be booming. End-users and distributors are requesting material and stocking up, with some fearing further price hikes.
A “panic-buying” attitude for all reinforcing steel products is now pervading in France, caused by procurement uncertainty and raw material shortages amid the Russia-Ukraine conflict.
Domestic rebar contracts are now at €1,000/tonne ($1,088) …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous