09
Mar
14:25
War-induced feedstock disruption lifts EU welded tube prices
Welded tube prices are increasing in line with hiking values of hot rolled coil, and skyrocketing energy and transport costs resulting from the Russia-Ukraine war.
Kallanish understands that all southern European re-rollers are increasing their values significantly also due to high demand from Eastern European customers that are no longer being supplied from the CIS. Some suppliers there have declared force majeure.
Considering the price of HRC at €1,200/to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous