11
Jun
14:08
Spanish scrap, rebar prices move up
Spanish scrap and rebar prices rose in last week. The domestic market took longer than expected to react to the hike seen in the main European markets, Kallanish notes.
In scrap’s case, levels have increased by €25/tonne ($30.4/t) in one week for the new E8 quality.
“The large steel mills were able to withstand pressure from suppliers for more than ten days, arguing the volatility of the international market,” one source comments. A l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous