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19 Jan
12:00

Italian rebar mills seek more increases

Italian rebar producers are pushing up values again to €340/tonne ($412) base ex-works. This is another €20/t ($24) hike compared to ten days ago and the last in a series of increases that have seen contract values skyrocket this month, Kallanish learns from market sources. Most buyers, however, are purchasing very few tonnages at these prices and working with their stocks as much as they can. This week, contracts are averaging at €320-340/t base ex…
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