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23 Sep
11:39

Italian rebar prices tumble month-on-month

Italian rebar prices are falling again by a further €20/tonne ($21/t) on last week in a market strongly affected by poor demand and falling scrap and other longs prices, sources in Italy tell Kallanish. Domestic rebar has lost €50/t in total compared to July/August prices. Rebar prices were at €170-175/t base ex-works last week. These have fallen to €150/t base ex-works on average this week. Buyers in the south of the country pay €2…
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