Despite the recent European scrap prices rebounded slightly, subject to weak market demand and cheaper imports resources continue to reach the port, the European long steel products prices continued downward. Currently, the ex-factory price of European rebar is 360-365 euros / ton, down by 5-10 euro / ton; prices of profiles also fell at the same extent, the delivery price of type one profile is about 470-480 euros / ton, small profile delivery price about 470 euros / tonne.

                                                        XINSTEEL NEWS