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06 Apr
09:13

Italian rebar sales slow on ‘unsustainable’ prices

Italian rebar prices are flattening after producers pushed up their prices again last week. Steelmakers in Italy continue to produce intermittently during peak energy hours, but sales are becoming slower amid uncertainty and prices that are considered too high by end users, Kallanish hears. Some Italian rebar makers are asking for €900/tonne ($980/t) base ex-works because of skyrocketing costs of energy and raw materials, while others are at €870-890/t …
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