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23 Dec
09:21

Italian rebar, merchant bar makers stop sales

Italian rebar producers have stopped sales this week and are preparing a significant January price increase, market participants tell Kallanish. Today’s contracts remain stable compared to the beginning of the month at €490-500/tonne ($543-565/t) ex-works. Including size extras, domestic values remain at €750-760/t ex-works, but purchases are only happening back-to-back. For the latest contracts before the sector goes on holiday for Christmas, som…
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