Prices for European long products gradually started to rise, in late April. The increases accelerated during the first half of May. This trend is set to continue until the summer. Producers offer limited volumes with short validity, before withdrawing from the market. Availability is tightening. Imports are restricted by safeguards, transport costs and financing. Unreliable …
The post EU long product prices surge as financial problems grow first appeared on Hellenic Shipping News Worldwide.
https://www.hellenicshippingnews.com/eu-long-product-prices-surge-as-financial-problems-grow/