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23 Mar
12:07

Italian rebar prices weaken

Signs of weakness are being registered for Italian rebar as prices are lowering in the latest transactions. Some recent contracts are reported at €40/tonne ($47) lower compared to those signed at the beginning of the month, market participants tell Kallanish. Rebar prices have been fluctuating in recent weeks, impacted by adverse domestic demand conditions. Domestic producers are now asking for €320/t ex-works, while contracts in recent days have hovered…
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