22
Jul
10:51
German bender puts minimum price tag on rebar
As Germany’s construction industry is struggling to come back to life from suspended animation for over a year, rebar distributors are cannibalising each others' orders. One of them has now come out with the clear announcement of a minimum price that benders would need to charge for processed rebar to cover their costs.
In a letter received by its customers in June, a southern German distribution group says it need a sales price of €700/tonne ($762)…
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