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Europe’s steel market normally sees a first quarter uplift in prices but, as the market returns from the winter break, this uplift seems to be shifting into the second quarter.
Rather than a signal of weakness, this shift could actually turn out as a positive and more sustained uplift for European steelmakers.
Steel First’s editor, Vera Blei, looks at what we can expect to see from steel prices early in 2014.
During the fourth quarter of 2013 a number of European mills tried to raise steel product prices. Those attempts were largely unsuccessful.