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11 Oct
12:40

Italian rebar prices flatten

Italian rebar deal prices remain stable on-week. Producers’ hike attempts in the last September week did not stick and the market continues to work with low sales volumes amid weak downstream consumption, sources tell Kallanish. Transaction values are hovering at €280-310/tonne ($297-328) base ex-works. Including extras, domestic rebar fetches €540-570/t base ex-works. Domestic mesh is meanwhile being sold at about €380-400/t, also unchanged. …
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