Price stabilization in north-western European areas adopted by the market

Players in the market of Northwest European sections consider the latest statement by the market leader on price increases to be fair and believe that it will take root in the market. ,

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The announcement, intended for a wide range of long products, will mean not so much a surge in prices as stabilization after unstable prices in the summer. Prices

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In some cases, they decreased to 800 euros per ton (930 US dollars per ton) for delivered sections of category 1, S235. The target of 20 euros per tonne should return the level to 820 euros per tonne, which was previously, which, according to observers, is "absolutely realistic."

In July, the market leader tried to raise prices by 40-45 euros per ton, but to no avail. "Now they're trying to be more moderate and they'll be happy if it works. They often have this approach," one of the observers tells Kallanish.

Some players are now preparing for prices to rise to 840 euros per ton, while others say that factories will be happy if they manage to get 820 euros per ton across the board. One of the plant's managers points to the constantly high energy costs of EDP production, which, according to him, "will not improve in the future." And he is confident that scrap metal prices will rise again after falling in the last two months.

The price will vary slightly depending on the region, he says. And he warns that factories in Southern Europe may offer lower prices. "They are a factor that affects prices from time to time," he says.

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, Author: Christian Kehl, Germany

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