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22 Apr
12:47

Italian rebar producers seek increases

Italian rebar producers are seeking a €40/tonne ($48) price increase compared to the beginning of last week, with contract prices having recovered gradually since last week. Producers are now strongly defending their price increases and asking for €340-450/t base ex-works. Some refuse to sell at less than €340/t, Kallanish hears from sellers and buyers. Transactions this week are hovering at €320-350/t base ex-works, a €20/t hike compared…
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