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
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.
Steel Review Supplement - December Edition
Also See: MEPS
Nordic Index and MEPS Nordic
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European Steel Review Supplement
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