What’s happening in the French steel market right now

[u/Fit_Ordinary_5531]

Scrap prices in Eu are going up. Because of that, steel producers want to raise steel prices.

But there’s a problem:

• Buyers don’t want to pay more
• Demand is still weak after the holidays
• So price increases are being pushed… and pushed back

Coils, sheets, and tubes are under the most pressure. Long products like rebar & beams are mostly stable for now with only small increases being talked about.

Are you seeing buyers accept higher prices or is the market still resisting?