23
Nov
12:52
Italian rebar producers push up prices
Italian rebar producers are seeking increases of €20-40/tonne ($22-44) compared to the beginning of the month. Some have restarted quoting this week after a few days of halting sales. The move is driven by high electricity costs heavily impacting producers’ margins, as well as increasing domestic scrap values this month, market participants tell Kallanish.
Compared to an earlier base price of €480/t ex-works, steelmakers are now seeking €500-5…
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Anonymous
Very good overview of the weekly steel market.
Anonymous