20
Nov
11:41
Italian rebar producers suspend sales to halt downtrend
Some Italian rebar producers have stopped sales and are expected to announce increases in an effort to stop the decline in prices.
Italian rebar has lost value steadily in recent weeks due to depressed demand and uncertainty. Also, the lack of government funding for new infrastructure projects in the new year is a matter of concern for rebar buyers and sellers.
Kallanish learned from market participants on Friday that contracts are being agreed at €125-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous