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16 Feb
10:25

Italian rebar prices slide further

The Italian rebar price decline is continuing this week following last week’s fall and slow market activity. Mill transaction and offer prices are both declining, with domestic rebar losing a total of €60/tonne ($72) on average month-on-month, in line with declining scrap prices, Kallanish notes. This week, contracts for domestic rebar are at €280-300/t base ex-works, down from €300-310/t base ex-works last week. They have fallen below the lev…
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