24
Nov
10:47
Italian rebar contracts flatten despite mill price hikes
Italian rebar mills are increasing asking prices by €30/tonne ($35) compared to the beginning of the month, Kallanish learns from market participants. While last week some producers started quoting at €150/t base ex-works, all rebar makers are now at €150-160/t base ex-works.
The increase is an attempt to slow the fall in prices, as Italian rebar values have steadily fallen in November on poor demand and uncertainty. The current price hike is also d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous