04
Feb
11:49
Demand weakens for Italian longs
Italian long products demand has weakened this week, with scrap prices falling and rebar values down €30/tonne ($35) in recent days, market participants tell Kallanish.
Rebar has hit the level of €300-320/t base ex-works in the majority of transactions, or €560-580/t including size extras. Other long product prices are however holding for the moment, even though the high point of the January price range is not being paid.
Merchant bar quotes remain…
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Anonymous
Very good overview of the weekly steel market.
Anonymous