24
Feb
14:16
Ukrainian crisis to increase northern European rod prices
The Northern European wire rod market was stable for most of this week, but market participants expect new hikes due to the Russian invasion of Ukraine.
“The war in Ukraine means no more imports from this country and probably from Russia due to the new sanctions form the West,” a buyer from the Netherlands tells Kallanish. “I do not expect to receive the volume of wire rod I ordered from Ukraine. Most steel mills will have continued purchasing th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous