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03 Jul
11:35

Italian rebar prices fall again on low demand

Italian rebar prices are changing trajectory and decreasing again after ticking up by €10/tonne ($11/t) at the end of June. Prices are again losing €10-20/t in new contracts for July and August delivery, Kallanish notes. Producers pushed up their quotes in June by some €30/t and some domestic sales for very low volumes were implemented at €130/t base ex-works in the last days of the month. However, domestic demand remains too sluggish for …
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