27
Nov
11:38
Italian rebar contract prices hike
Italian rebar contracts are finally increasing by €20/tonne ($23/t) after the low values seen in November. This follows the €30/t hike implemented by mills 10 days ago and the initial strong resistance from buyers, Kallanish learns from market participants.
The current hike is the consequence of rapidly increasing scrap prices that last week already gained €15/t for end-of-November delivery while more increases are expected for December in-lin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous