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15 Feb
11:17

Italian rebar prices fall again

Following a further price decline, some Italian rebar makers are mulling moderate increases with the aim to arrest the drop, sources tell Kallanish. Due to sluggish demand, domestic values are now at €520-540/tonne ($589-612/t) base ex-works. Steelmakers are now asking for €530-540/t base ex-works for domestic material, down from January levels of €580-590/t. Sources say some are mulling a €10-20/t increase that would push asking prices up to &…
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