NORTHERN EUROPE REBAR: Prices narrow down amid import influx, start of holidays

The weekly price assessment for rebar produced and delivered in Northern Europe narrowed downward this week amid quiet buying activity, sources told Fastmarkets on Wednesday July 10.

Market participants attributed the low level of market activity to the start of the new annual quota period for the EU steel import safeguards, which began on July 1 and will run to June 30, 2020, as well as the start of the usual summer holiday period in Northern Europe.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern...


Viral Shah

July 10, 2019

16:24 GMT