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06 Oct
11:39

Italian rebar buyers shun mill hike

Italian rebar deal prices were stable on-week and on-month amid continued low consumption. This follows a hike attempted in the last September week by local rebar makers, who pushed up prices by €50/tonne ($52), imitating other rebar producers in Europe, sources tell Kallanish. Transaction values however remain at €280-310/t base ex-works. The high point of the range has increased by €10/t compared to last month, but €310/t is only being achiev…
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