This week,
the European long steel market continues weak run, the price steady-based,
market transactions in general. Now it seems that mills do not want to continue
to lower their offers, just waiting for demand to pick up.
The northern
European rebar delivery price is 430-450 euros / ton, wire delivery price is
410-420 euros / ton, unchanged from last week; delivery price of rebar in
southern European stable at 400-410 euros / ton, but the wire prices fell by
25-30 euros / ton to 410-420 euros / tonne.
XINSTEEL NEWS