13
May
09:47
Italian rebar price lowers again on weak demand
Both spot and contract prices for Italian rebar are falling again by €10/tonne ($10.8/t) on average compared to last week, Kallanish learns from market sources.
Rebar producers increased their prices as the market reopened to as much as €170/t base ex-works, but this was not successfully passed on downstream. Due to very weak demand and liquidity issues contract prices are now at €130-135/t base ex-works for small volumes. The level of €120-125…
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Anonymous
Very good overview of the weekly steel market.
Anonymous