MEPS Europe: Steel price down in September

Steel Sep 19, 2012 No Comments

SteelLow demand, financial crisis in Europe, long delivery lead times, european buyers believing the steel price trend to be negative are all driving poor sentiment in the flat products sector.

In all main EU countries, Germany, France, UK, Italy, Spain, stocks are down and activity is not very good. Steelmaking raw material costs are also moving down and there are fears that mills may even need to cut steel prices in the next few months.

via MEPS EU average steel price down again in september.

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Rod Sherkin

Rod is a former senior executive, responsible for Purchasing, for both Pillsbury and Ball Packaging back in the 80’s and 90’s. Since then, he has continued to work in the Purchasing field as both a consultant and founder of the website Propurchaser.com.

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