EU LONG STEEL OUTLOOK: November prices to remain stable despite weaker demand

Finished long steel prices in Europe are expected to remain largely stable in November, although end-user demand is likely to weaken over the course of the month, according to market participants.

Domestic offer prices from European steel mills are likely to remain relatively unchanged, supported by rising costs for graphite electrodes, refractory materials and ferro-alloys in recent months.

“We expect end-user...

Published

Viral Shah

November 02, 2017

20:27 GMT

London