IREPAS ATHENS 2017: EAF production costs up $48 per tonne, Spain’s Celsa says

Date: Sep 26, 2017

European costs for rebar and billet produced through the electric arc furnace (EAF) route have risen by about €40 ($48) per tonne, according to Celsa Steel commercial director José Angel Rey.

“This increase is as a result of rising cost [of] graphite electrodes, ferro-alloys and refractory bricks,” Rey told delegates, on Tuesday September 26, at the Steel Orbis 2017 Conference and 77th Irepas (International Rebar Exporters & Producers Assn) meeting in Athens, Greece. “There has been a [temporary] decoupling of billet and long product prices from scrap due to the disruption caused by the [increasing cost of] electrodes and the lack of availability,” he added. Metal Bulletin’s weekly…

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