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07 Apr
12:02

Italian rebar prices decline, activity expected to improve

Italian rebar prices are falling, with the latest contracts showing a €20/tonne ($23) decline compared to the prices seen at the end of March. Despite producers seeking a €30/t increase for new April contracts, demand remains weak and not expected to support any more price hikes this month. April rebar asking values start at €330/t base ex-works. Some rebar makers are refusing to sell at lower prices, Kallanish hears from sellers and buyers. Buyer…
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