14
Jun
12:15
Italian merchant bar reaches €500 base
Italian mills’ merchant bar quotes are increasing by €30/tonne ($36) this week. This follows the rises in scrap prices and is in line with all long products, for which values in Italy have hiked significantly over recent weeks.
New merchant bar prices from one producer have reached €500/t base ex-works for the first time in the past decade. Other, smaller sellers who cannot provide the entire range are quoting €450-460/t base ex-works. Demand …
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Anonymous
Very good overview of the weekly steel market.
Anonymous