20
May
13:49
Soaring prices squeeze supply chain: Czech association
The rapid growth in steel prices in 2021 has squeezed re-rollers, including Vitkovice Steel in Czech Republic, says the Czech and Slovak steel association Steel Union.
Iron ore prices have surpassed $200/tonne cfr China on robust Chinese demand, while increasing scrap demand in Asia, the Americas and Europe, as infrastructure investments kick off, has supported scrap values, the association observes.
At the turn of the year, large steel buyers depleted …
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Anonymous
Very good overview of the weekly steel market.
Anonymous