NORTH EUROPE REBAR: Domestic prices expected to rise in Q1 2018

Prices for domestic rebar in Northern Europe are likely to rise in the first quarter of 2018 amid better demand and stronger cost pressure on steelmakers, sources told Metal Bulletin on Wednesday November 29.

“It looks we are going to have price increases in the first quarter - exciting times in 2018 are expected,” one Northern European consumer said. “For January and February, it is much more bullish than ever in the recent history of rebar markets,” one Northern European trader added. Rising Turkish scrap prices will support rebar prices at the...

Published

Lee Allen

November 29, 2017

20:22 GMT

London