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25 May
11:31

Italian rebar prices fall again

Contract prices for Italian rebar are falling again by €10/tonne ($10.8/t) and occasionally €15/t compared to last week, Kallanish learns from market sources. Contract prices were at €130-135/t base ex-works for small volumes last week. Due to very weak demand and liquidity issues the level is now at €115-120/t base ex-works. Despite the low prices however some buying activity has resumed in Italy compared to the rest of the month when sales vo…
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