Sweden's BE Group forecasts stable steel prices in Q1

By Maria Tanatar / February 01, 2018 / www.metalbulletin.com / Article Link

Swedish steel trading company BE Group forecast solid demand and largely stable steel prices in the first quarter of 2018 following its good performance in October-December 2017, in a report published on Thursday February 1.

"Demand during the upcoming quarter is expected to remain strong in the company's main markets. At the same time, steel prices are expected to remain at the same level as in the fourth quarter [of 2017]," president and chief executive officer Anders Martinsson said."Improvement measures, together with the...

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