28
Sep
12:22
Some European steelmakers seek rebar increases amid costs
Some European steelmakers are pushing up rebar prices by around €60/tonne ($63) on average compared to the beginning of the month, with immediate effect, Kallanish learns from market participants.
Mills are pushing up values in France, Spain and Germany due to the current unsustainable price levels that allow for practically no margin. Steelmakers in Europe are facing high energy and raw material costs, as well as lower consumption of rebar, which is particul…
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Anonymous
Very good overview of the weekly steel market.
Anonymous