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European long product prices remain stable

  • Monday, March 7, 2016
  • Source:ferro-alloys.com

  • Keywords:steel
[Fellow]European rebar and wire rod markets remained steady last week, only the northern European rebar prices fell slightly.

European rebar and wire rod markets remained steady last week, only the northern European rebar prices fell slightly. 

Due to weak demand and import pressure, Northern European rebar market average prices fell €5/ton last week, the current prices were at €350-360/ton. Southern European rebar market also remained stable, the mainstream delivery prices were at €315-335/ton.

Meanwhile, market rumored that the EU to start anti-dumping investigations on import of rebar from Belarus, but it seems to have little effect on European stock markets.

  • [Editor:Chen Zhen Seng]

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