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Forecasts and Latest on Premiums (March 21, 2023)

1. ALERT! - US WIRE ROD. MORE DOMESTIC PRODUCTION: US EC rod spot market quiet, domestic production displaces imports (From March 21).

2. ALERT! – EUROPEAN P1020. INCHING UP: European P1020 duty-paid premiums up to four-month highs, bearish clouds intensify (From March 16).

3. ALERT! – EUROPEAN BILLET. RANGE WIDENS: European Q2 and spot premiums fall back to $... per mton on the low end but inch higher on high end (From March 17). To see our full European Billet Market Intel and Premiums assessment, please subscribe to HARBOR’s specialized European Billet Intelligence Report.