03
Feb
10:33
Italian rebar prices weaken on sluggish demand
Italian rebar prices are softening week-on-week, with demand said to be sluggish in line with all long products.
Steelmakers are now asking for €560-570/tonne ($632-643) base ex-works for domestic material, down from January levels of €580-590/t base ex-works. Today’s contracts for low tonnages range from €540-560/t base ex-works. Including size extras, domestic values are hovering at €800-820/t ex-works. Ten days ago, rebar was sold at &…
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Anonymous
Very good overview of the weekly steel market.
Anonymous