10
Oct
11:28
Italian rebar, mesh prices continue to fall
Italian rebar prices are continuing to slide, losing some €40/tonne ($38.8) compared to last week. Since the beginning of the month, contract prices have thus decreased by approximately €70-80/t on average versus September, Kallanish notes.
The price fall is the result of weak demand from the construction sector, which is slowing under the pressure of high costs and falling consumption. Activity is hampered by fear of purchasing and high rebar stocks thr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous