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03 May
14:12

S+B sees promise for high-end steels in 2017

Schmolz+Bickenbach (S+B) enjoyed a strong first quarter which has given some confidence to the Swiss-German group that stability in both prices and demand will continue until mid-year. After a steep decline in the last two years, demand for S+B’s special long steels returned to normal levels in Q1 2017, and sales prices continued to recover, the company says. Average selling prices rose year-on-year by 10.5% to €1,447/tonne ($1,580/t) from €1,309…
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