MEPS PREDICTS EU STEEL PRICE UPTURN IN SEPTEMBER

摘要

The MEPS EU all products composite steel price, in July, stood at 50 euros per tonne below its April peak but 44euros per tonne above the corresponding figure in July 2016. Contrasting fortunes were witnessed for the two major product categories. Last month, the MEPS EU flat product composite price increased by 77 euros per tonne, year-on-year, whereas that for long products fell by 6euros per tonne, during the same period. A number of factors can be noted behind this divergent trend.