The UK rebar producer Celsa has announced offer prices up by £10/ton. The company said that the local market is recovering. An official of the company indicated that energy-related investment will drive the market over the years ahead. Celsa announced the price increase and the company think the UK rebar market as stable in terms of demand as further major infrastructure projects, particularly on energy generation, still await the go signal. The company expects that the demand will have further increases if the market in Europe continues to recover.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66122&division=A4
