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12 Nov
11:25

Italian rebar falls again

Italian rebar prices are falling again by €10/tonne ($11) on average compared to the beginning of the month. This is due to depressed demand and buyers’ intention not to purchase unless they achieve a margin. Kallanish learns from market participants that current contracts are being agreed at €130-135/t base ex-works. This is down from last week’s €135-145/t ex-works. Including €260/t average size extras, current values ar…
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