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02 Oct
10:22

Italian rebar makers mull price increase

Italian rebar makers are considering the implementation of a €20/tonne ($21/t) increase. This is intended to halt the fall in prices that has been a feature of the Italian domestic rebar market in September. The move is surrounded by doubt however as domestic demand remains extremely poor and scrap values continue to fall, agents and sales executives tell Kallanish. After a significant weakening in prices last month, rebar transactions are taking place a…
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