21
Jul
09:48
Italian rebar sales remain sluggish, prices low
After see-sawing in the month of July, Italian domestic rebar contracts have again lost the high point of the range this week. Sales volumes remain unreliable and buyers are adopting a wait-and-see attitude due to the extreme market uncertainty this month.
While producers are now asking for €140/tonne base ex-works, orders are being signed at €120/t ($137/t), the average price of June. In the second week of July, values reached €130/t, agents tell K…
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Anonymous
Very good overview of the weekly steel market.
Anonymous