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11 May
12:00

Italian rebar makers stop sales, scrap increases again

Italian rebar producers are stopping sales this week as prices for long products and scrap are said to be “out of control” and the market “confusing” to interpret, sources tell Kallanish. Before stopping sales, another increase of €10/tonne ($12) on rebar was implemented last week, as some producers were quoting €390/t base ex-works, up from €380/t base ex-works at the beginning of last week. The level of €390/t base ex-…
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