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Home > MEPS Steel News - 17.12.2015

NORDIC STEEL PRICES CONTINUE TO TUMBLE IN DECEMBER

Nordic steel prices for flat and long products continue to fall sharply due to weak activity levels amid the traditional end-of-year slowdown.

In December’s issue of the European Steel Review Supplement, MEPS reports that reduced activity is putting further negative pressure on domestic selling prices. Buyers are reportedly delaying purchases as they prioritise their year-end stock positions.

Significant price drops are reported for flat products as low-priced plate from non-EU sources continues to soften domestic resale prices.

In the long products market, prices continued to tumble as market activity remained sluggish. Many Nordic stockists have announced extended breaks either side of Christmas.



Source: European Steel Review Supplement 
- December Edition

Also See: MEPS Nordic Index and MEPS Nordic Steel Prices

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