Merchant bar prices in the local Romanian market

Tuesday, 25 November 2008 13:39:50 (GMT+3)   |  

SteelOrbis has been informed that local prices for merchant bars in the Romanian market continue to vary in a price range of $780-800/mt ex-warehouse, on actual weight basis with 30-day deferred payment, excluding VAT. Meanwhile, the problem of poor end-user demand has continued to be seen in the domestic market. The traders in Romania underline that the difficulty seen in the market is related to low demand rather than to price levels, and thus a reduction of prices would not affect the situation.

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