Last weekend, the northern European rebar mills increased the price of rebar by 15 euros / ton, whether the market will accept price increases still depending on movements in prices this week.

In this regard, a German steel plant performance is more optimistic that the current price is low, and as buyers gradually return to the market, orders of March and April of steel mills full which able to support prices rising. After the price increase, the German steel delivery price is 440-450 euros / ton. But the French steel performance is more cautious, delivery price is 430-435 euros / tonne, the price increase is less than the German steel mills, buyers wait and see mood darker.

                                            XINSTEEL NEWS