In September, affected by scrap prices down and market demand weak, Nordic longs market not perform good, overall volume was light, buyers believe that the current price is not stabilized, so do not rush to purchase.

Since August, northern European rebar price fell about 15 euros / ton, the current ex-factory price was quoted at 400 euros / ton; wire prices fell substantially in line with rebar, this week quoted at 390-410 euros / tonne on FOB basis, the profiles market performance is more stable, the price was kept at low levels, the profile delivery price stable at euros 515 / ton.

                                                     XINSTEEL NEWS