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19 Dec
11:55

Italian rebar flattens out

Italian rebar prices are stable compared to last week as the market is going quiet for the Christmas holiday break. Mills are shutting down on 20 December only to resume work on 7 January, Kallanish learns from rebar buyers and sellers. Despite attempts to increase rebar prices on the back of costly domestic scrap, most local producers are still asking for a base price of €160-170/tonne ex-works for January. Others are not quoting and mulling increases i…
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