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19 Jul
11:19

Italian rebar prices recover

Italian rebar contracts are increasing by about €50-60/tonne ($51-61/t) compared to ten days ago. At the beginning of the month, producers pushed up values by €50/t compared to June, on account of high production costs and with a view to stopping the steep price decline seen throughout last month. While contracts continue to be implemented for one or two truckloads, sources report a slight improvement in demand as distributors are replenishing their stoc…
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