17
Mar
10:13
Italian rebar prices increase despite uncertainty
Italian rebar contract prices continue to increase and are now in line with producers’ asking values. Demand is subdued and many buyers, well-stocked for March, are adopting a wait-and-see attitude. Nevertheless, mills are still managing to sell small tonnages, sources tell Kallanish.
Sources from the entire value chain deem the current market situation to be “ugly”, amid uncertain demand and rising costs for construction companies.
Italian mil…
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Anonymous
Very good overview of the weekly steel market.
Anonymous