03
Mar
13:47
Kobe Steel raises rebar, wire rod prices
Japanese steelmaker Kobelco (Kobe Steel) announced on Thursday that it will raise rebar and wire rod prices from April. This is the first increase since Kobe Steel lifted these prices in September 2021, Kallanish notes.
The steelmaker will raise prices of wire rod and rebar commonly used in auto parts, construction and industrial machinery from next month by more than JPY 15,000/tonne ($130/t). The main reasons for the price increase were soari…
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Anonymous
Very good overview of the weekly steel market.
Anonymous