03
Nov
10:33
Italian rebar prices flatten on uncertainty
Italian rebar prices are flattening week-on-week despite increases implemented by steelmakers who have pushed their prices to €500/tonne ($579) base ex-works, Kallanish notes.
The increases implemented in mid-October of €470/t base ex-works have been successfully passed on. This has pushed contracts up to €470/t base ex-works on average. This week, however, buyers are adopting a wait-and-see attitude and receiving material they bought at lower price…
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Anonymous
Very good overview of the weekly steel market.
Anonymous