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08 Dec
11:42

Italian rebar prices flatten amid holidays

Italian rebar contracts are flattening compared to last week due to weak demand, particularly from distributors. This is a short and quiet week in Italy due to the 8 December national public holiday, which followed the 7 December Milan regional holiday. The market is expected to become lively again next week, market participants tell Kallanish. Compared to an earlier base price of €480/tonne ($542/t) ex-works, steelmakers are now achieving €500-510/t ba…
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