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28 Nov
09:32

Italian rebar increase loses momentum

Italian rebar prices are stable compared to last week as the increases seem to be losing momentum, Kallanish learns from rebar buyers and sellers. Local producers, who were asking for a base price of €190/tonne ex-works ten days ago, are now quoting at €170/t ($187/t). Values paid are between €150/t and $165/t base ex-works, with a few contracts last week even signed at €145/t base ex-works. The average transaction price including &…
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