Due to weak demand, in the past few weeks prices of profile in North Europe have fallen by 5-10 euros / tonne, the price of type one profile steel is about 520-525 euros/ton.

The price of small bar is a little stability in Europe, prices fell by 2-3 euros / tonne, delivered price is 500-510 euros / ton, mainly due to increase of end-user demand.

Currently, the European sections and small bar market demand does not meet expectations, steel production capacity has not yet fully released, lack of orders, the recent market may still remain weak.

                                                XINSTEEL NEWS