It is reported that the German deformed steel bar market has stayed in downward trend recently.
It's learned that the quotes of deformed steel bars with diameter of 12mm have fallen to EUR 550 per tonne from EUR 580 to EUR 590 per tonne in three weeks ago in German market. The actual transaction prices were at EUR 540 per tonne.
However, buyers preferred to purchase in accordance with their requirements instead of placing huge amounts of orders as the scrap prices continued falling in October 2012.
Thus, it's predicted that German deformed steel bar market would remain weak in the short term.
Source - www.yieh.com)
It's learned that the quotes of deformed steel bars with diameter of 12mm have fallen to EUR 550 per tonne from EUR 580 to EUR 590 per tonne in three weeks ago in German market. The actual transaction prices were at EUR 540 per tonne.
However, buyers preferred to purchase in accordance with their requirements instead of placing huge amounts of orders as the scrap prices continued falling in October 2012.
Thus, it's predicted that German deformed steel bar market would remain weak in the short term.
Source - www.yieh.com)
