Prices for rolls
In north-western Europe, there has been little change, as at least one mill is currently closed from the market and no new offers have been received.
According to various sources, problems with navigation on the Rhine River due to low water levels led one factory to reduce supply.
The plant informs Kallanish that "supplies to customers are not at risk". It is likely that the plant fulfills existing orders, but did not say whether it accepts new orders.
"Just a day ago, I talked to one of their employees, and he refused to make me an offer," says the manager of one of the steel service centers, and this experience is repeated in other service centers.
Addressing its customers, the plant draws attention to bottlenecks on waterways, which leads to limited supply of raw materials and reduced production. The SSC manager wonders, "how long will this argument last, but for now they are using it to avoid entering the market."
At the same time, another customer says that he also did not receive new offers due to a shortage of incoming raw materials.
Some customers were informed by German distributors that the stand failure could last until the end of the quarter, "which, in my opinion, means that it cannot be caused by problems with waterways," says a customer from Southern Germany. No factory
Staying in the market – for any reason - may make sense in the current lull, when purchases are still ongoing in many German states. School holidays.
The previously announced increase in prices for hot-rolled coils to 740 euros per ton ($864 per ton) by the market leader has not yet been implemented. Deals are still rare, and many believe that there are deals below this mark.
According to the Dutch manager, various orders were placed at the steel mills in October at base prices ranging from 710 to 730 euros per ton from the plant. ,
, ,, Author: Christian Kel Germany,
, , , , kallanish.com