22
Sep
12:46
Production costs to remain elevated: analyst
Strong Chinese iron ore demand and costlier CO2 emissions allowances are likely to keep production costs elevated for German steelmakers, says Peter Fertig, senior analyst at MBI Martin Brückner Infosource. Chinese steel demand and improving German steel end-use demand, however, should support hot rolled coil prices.
MBI Infosource foresees an average price for hot rolled coil of €441/tonne ($519) in 2020 and €459/t in 2021, for rebar of &…
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Anonymous
Very good overview of the weekly steel market.
Anonymous