18
Apr
12:38
Italian rebar prices flatten on slow activity
Italian rebar prices remain flat compared to the beginning of the month. Demand is slow and some mills will implement stoppages from the end of this week until 2 May amid consecutive bank holidays, to balance demand and supply, Kallanish notes.
Mills continue to quote rebar at €470-480/tonne ($515-526) base ex-works. Buyers are however achieving €430-450/t base ex-works in deals. A distributor in the Rome area says he is receiving average demand from the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous