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06 Jan
10:43

Italian rebar demand expected to rise, prices stabilise

Italian rebar prices remain stable compared to last month but producers increased their asking values before shutting down production for the Christmas holiday break. Market activity is expected to resume on Monday 9 January as all Italian rebar makers are restarting production after two weeks' stoppages, market sources tell Kallanish. This week, mills are asking for €560/tonne ($588) base ex-works. This is up from last month’s €520-530/t base …
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