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23 Oct
11:04

Italian rebar falls in anticipation of new lockdown

Italian rebar transaction prices are falling compared to last week by €10/tonne ($11) on average. Buyers and sellers tell Kallanish average transaction prices are now at €140-145/t base ex-works. However, some contracts at €135/t base ex-works were agreed this month. Sellers who try to maintain the level of €150/t base ex-works are said to be losing orders. Including €260/t size extras, values are back at €395-410/t ex-works, sources …
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