14
Feb
10:27
Italian rebar falls slightly in uncertain market
The Italian rebar market remains stagnant with prices declining by €10/tonne ($10.7) on average on-month. Some steelmakers are reported to have high stocks and are asking €350/tonne ($374) base ex-works.
Orders continue to be implemented back-to-back but no production stoppages are scheduled this month. Limited tonnages are being sold this week at €340-350/t base ex-works, Kallanish notes. Including extras, domestic rebar is fetching €600-610/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous