17
May
14:24
German rebar benders struggle in brutally competitive market
The standstill in the German house-building market has distributors and benders of rebar battling for orders in a brutally competitive environment.
“Benders can hardly sell for a higher price than they paid to the mills,” a manager at a large distribution group tells Kallanish. He explains that companies the size of his need a margin of €150/tonne ($163). This includes obvious services like cutting and bending, and delivering, costs like transport…
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Anonymous
Very good overview of the weekly steel market.
Anonymous