Archive for February 28th, 2008
EU steel prices, Roundup from MEPS
Meps latest steel price news
EU mills are benefiting from a lack of competitive third country imports. Low inventories at distributors need to be replenished and customers are accepting that prices must go up as producers try to recover higher input costs. ArcelorMittal has announced a 12/15 percent hike for April deliveries. First quarter order [...]
Posted: February 28th, 2008 under Steel News.
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Hot-rolled steel prices are heading for record highs
OK, I have been "going on" about steel prices for weeks now, but here is an extract from an article at Purchasing.com
As every steel buyer knows, the current cost-driven environment is driving prices to record highs—with further increases probable in coming months. So, while the actual average transaction price for hot-rolled sheet in coil [...]
Posted: February 28th, 2008 under Steel News.
Comments: 1