11
Jan
14:58
Northwestern Europe sections stable, could see further hike
Prices for beams and sections are expected to stay relatively stable in northwestern Europe going forward, following an attempted hike by mills that brought the maximum to around €750/tonne ($821) delivered.
The upward move represented a rebound from the trough of €680/t in late November. That low point partly had to do with a saturated market and a seasonal reluctance to restock before year-end, but some observers also mention the crisis at Celsa in thi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous