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06 May
11:21

Italian rebar prices hike again

Italian rebar transaction prices rose again on Thursday by €10/tonne ($12), as the product’s price rally continues a pace, market participants tell Kallanish. Over the past 24 hours, some producers have stopped sales while others are now asking for €380/tonne ($458) base ex-works. Until Wednesday this week asking prices were at €370/t base ex-works, Kallanish notes. A buyer says price increases on all steel products are now “spiralling …
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