+49 7642 9282851 sales@gerber-steel.com

Fed raises interest rates - markets and base metals react positively5 May 2022 – As expected, the US Federal Reserve (Fed) announced a rate hike of 50 basis points to 1%. Markets and base metals react positively to the decision. HRC and stainless steel prices rise. And he who buys cheap buys twice – Beware of fraud in steel trading. Source