Long Products
January 21, 2020
CRU: European Longs Producers Brace for Scrap Price Fall
Written by Chris Bandmann
By CRU Analyst Chris Bandmann, from CRU’s Steel Long Products Monitor
Europe: Germany has not seen any significant snowfall yet this winter, and these mild conditions had the potential to support the continuation of construction activities. Construction companies entered their holidays regardless, however, and steel demand has settled into a seasonal low point. Even so, service centers are broadly optimistic about a quick return to business.
