European Steel Price Rises Thwarted by Lacklustre Demand

LinkedInTweetSharePrice hikes of €30 per tonne were proposed, in mid-February, for domestic sales of strip mill products. This followed a similar announcement, in late January. The steelmakers cited strengthening raw material costs, and the limited availability and increased price of imported steel. However, European basis values were largely static in Northern Europe, in March. The … Continue reading European Steel Price Rises Thwarted by Lacklustre Demand