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20 Dec
12:33

Italian rebar ends year stable, January hike uncertain

Italian rebar prices are stable compared to last week despite the hike attempted in recent days by local steelmakers. Market activity is now gradually fading apart from the last few orders before the market shuts down for the Christmas holiday break, market sources tell Kallanish. This week, mills are asking for €520-530/tonne ($553-563), down from last week’s €550/t base ex-works. Agents and sales executives say the level of orders has increased i…
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